Jay Silvagni
Financial Advisor of Equity Services, Inc | Asset Protection Planner | Financial Literacy thru Education & Holistic Planning
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We know financial issues are a major cause of disagreements, whether between couples or even business partner. Good quick read about:"What Is a Joint Bank Account?" may seem like a simple question, but many partners struggle with co-mingling accounts. This is a good overview of the pros and cons of joint accounts.#FinancialLiteracy #finacialfreedom
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Mike Chronowich, Financial Planner
6 followers
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What couples should know about sharing bank accounts?Sharing bank accounts as a couple requires careful consideration. It is important to establish open communication, set financial goals together, and determine the level of transparency desired. Read more about the pros and cons of joining finances.https://lnkd.in/e8PWz3yQ
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Ironshield Financial Planning (Quebec office)
18 followers
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What couples should know about sharing bank accounts?Sharing bank accounts as a couple requires careful consideration. It is important to establish open communication, set financial goals together, and determine the level of transparency desired. Read more about the pros and cons of joining finances.https://lnkd.in/dW4pdKdp
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Finance Strategists
78 followers
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Account fees are charges imposed by financial institutions for the use and maintenance of various types of accounts, such as checking, savings, and credit card accounts.Learn more by visiting: https://lnkd.in/gbMCbrrR#financestrategists #learnfinance #financegoals #financeblogger #financecoach
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Shuvam Paul
Investment Banking Aspirant | Ex-NHPC Limited Finance Intern
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Title: Exploring Bank Accounts: Finding the Perfect Fit for Your Financial Needs🔍 Ready to optimize your banking experience? Let's explore the different types of bank accounts and their unique features to make informed financial choices!💼 Key Takeaways:1️⃣ Checking accounts offer easy access for daily transactions and bill payments.2️⃣ Savings accounts provide interest earnings and a safe place to grow your emergency fund.3️⃣ Money Market Accounts offer higher interest rates and limited check-writing abilities.4️⃣ Certificates of Deposit offer fixed interest rates for long-term savings goals.💡 Choose the right bank accounts that align with your financial objectives. Maximize your banking experience and take a step closer to financial success! #BankAccounts #PersonalFinance #FinancialPlanning
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Kay Ockey
Co-Founder at Centsei | We coach clients to systematize their finances in 90 days and start saving an extra 5k-20k/yr consistently.
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Here's a silent financial killer:Overdraft fees.Far more common than you'd think.Many people make enough money over the course of the month to cover their expenses.But there are days/weeks when lots of bills come out.This causes the person's account to overdraft - and they get hit with a stupid $20-$40 "overdraft" fee.It's a genius move by the bank, especially if their client has a direct deposit.It's a huge financial pit for the customer.Here's a classic scenario:Client overspends based on how much cash they have (not what's in the budget).Bank charges a $35 fee.Client has 3 days till the next paycheck and has to get groceries and gas.For every charge, another $35/fee.Rather than turning off the person's card, they just take an additional $100-$300/mo.Don't let the bank do this!Here are some strategies we've seen work:1. Ask for the fees to be refunded. (You'd be surprised how many banks will)2. Write down the date every bill comes out each month. If you have a week where more bills come out that normal, call and ask for them to be moved to a different date (most companies will give you flexibility here)3. Budget and track your finances. If you don't know how to do that, talk to one of our financial coaches, and we'll get you up and going in just a few weeks. 4. Make more money. I know it's simple, but an extra $200-$400/mo can go a long way.(Our coaches can also show you how to do this)Don't let the bank eat your money in fees. Do something about it. Need some support? Start here: https://lnkd.in/eiXsuhpe
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Modern Wealth Management
3,140 followers
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When selecting where to hold your capital, it’s important to read the fine print and evaluate which vehicle will grow your assets most efficiently.Kyle Akers, CFP® Professional at Modern Wealth Management, recommends his clients should complete a thorough due diligence when considering a bank that offers sign-on bonuses versus one that offers high-earning savings rates.Read more of Kyle’s recommendations when evaluating potential financial institutions at MarketWatch: #assetmanagement #banking https://lnkd.in/gY3VgiSZ
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Steffi Lewis
SaaS Entrepreneur - Creator of YourPCM & YourAI
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We trust our bank to handle our financial needs, but recent events highlight the importance of diversifying our accounts ...#FinancialDiversification #BankingSmart #SafetyNet #BusinessFinance #PersonalBankingTips
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Alison Mead
Bookkeeping Mentor | Sage Trainer | Sage 50 | Xero Trainer | Forever Living Mentor | Business Buzz Ambassador
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We trust our bank to handle our financial needs, but recent events highlight the importance of diversifying our accounts ...#FinancialDiversification #BankingSmart #SafetyNet #BusinessFinance #PersonalBankingTips
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Alison Mead
Bookkeeping Mentor | Sage Trainer | Sage 50 | Xero Trainer | Forever Living Mentor | Business Buzz Ambassador
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We trust our bank to handle our financial needs, but recent events highlight the importance of diversifying our accounts ...#FinancialDiversification #BankingSmart #SafetyNet #BusinessFinance #PersonalBankingTips
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Alison Mead
Bookkeeping Mentor | Sage Trainer | Sage 50 | Xero Trainer | Forever Living Mentor | Business Buzz Ambassador
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We trust our bank to handle our financial needs, but recent events highlight the importance of diversifying our accounts ...#FinancialDiversification #BankingSmart #SafetyNet #BusinessFinance #PersonalBankingTips
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