Why You Should Bank at More Than One Bank
Why You Should Bank at More Than One Bank:
There’s a saying that ‘you shouldn’t put all your eggs in one basket’ and this rings true for bank accounts. While it is convenient to have all your finances located at one bank, what happens in the event that the bank’s systems are down and you can’t access your money for a little while? Or, a more common scenario my clients have faced is having their bank account frozen due to missed debt payments. This makes their financial situation more frustrating because they can’t access their chequing account to take care of their other bills and rent.
Even though having one bank account can be convenient and may seem cheaper, on today’s show, I share 3 reasons why you should bank at more than one bank for your own protection.
Видео Why You Should Bank at More Than One Bank канала Debt Free in 30
There’s a saying that ‘you shouldn’t put all your eggs in one basket’ and this rings true for bank accounts. While it is convenient to have all your finances located at one bank, what happens in the event that the bank’s systems are down and you can’t access your money for a little while? Or, a more common scenario my clients have faced is having their bank account frozen due to missed debt payments. This makes their financial situation more frustrating because they can’t access their chequing account to take care of their other bills and rent.
Even though having one bank account can be convenient and may seem cheaper, on today’s show, I share 3 reasons why you should bank at more than one bank for your own protection.
Видео Why You Should Bank at More Than One Bank канала Debt Free in 30
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
The Biggest Trick Lenders Use: Weekly & Bi-Weekly Payments | DFI30Ben Rabidoux and Doug Hoyes Make a Bet, Talk Debt, Real Estate & the Economy | DFI30The Minimum Payment Lie with Diane CunhaWhat is a mortgage?Annual versus Effective Interest Rate | DFI30 ExplainerAvoid Variable Rate Mortgage Today #shortsShould You Pay Someone To Do Your Taxes?Are Bankruptcy Rules in Canada Unfair? | DFI30Debt Settlement | DFI30 ExplainerWhy Minimum Wage is Not a Living WageWhat is a Robo-Planner? Automated Financial PlanningFinancial Literacy Needs More Thinking and Less MathMortgage Challenges After Record Rate Hikes + Advice with Ron ButlerTop Credit Repair Questions (& Fears) Answered!How To Manage Your Money in a Crisis | DFI30What Causes People to File Bankruptcy?What is a consumer proposal? | DFI30 Explainer |Rules to Master Your Credit with Richard MoxleyStop obsessing over your credit score!Hidden Costs of Buying a Home - Surprise Home Ownership ExpensesReinvent Yourself | Get Career Fulfillment without Financial Strain