A Personal finance blog to get rich
We are quickly becoming a cashless society. As we rely more on technology and less on the change in our wallets, internet banking is now something most of us use on a daily basis. While convenient and efficient, digital banking does come with risks.
Cybercriminals spend their time looking for vulnerabilities, in an attempt to steal one of your most valuable possessions: your identity.
Are your savings a little wimpy? Maybe you are working as hard as possible only to see a small trickle of funds to reach your savings account. Don’t despair, there are ways to beef up your bucks without getting a second job.
Building long term wealth can give you the freedom to live life while your money does the heavy lifting, and it all starts with investing. Instead of letting your savings sit around and gather dust, you can put your money to work. Your money can earn savings account interest and start to grow some muscle.
There is simply no denying that today’s era could be described as an online retail one. Just look at the number of consumers that are shopping online these days. In addition to this, you can literally buy everything that you need online. Do you want groceries delivered to your door?
Sure, no problem! You want to order your favorite takeout and track it right to your front doorsteps? You can do that do! Not only are consumers shopping online more, but they use the Internet to research their products before shopping.
A few years ago I had my bank account frozen. I had no clue about the reason. Later I found out that it was due to my wife’s missing social security number, which she didn’t have, being a non-resident with a dependent work visa.
We had to give an affidavit of that fact to unlock the account. And it took more than a week to unlock the account. One my credit card auto payment was declined and I was assessed a late fee. I got the fee waived anyway, but that forced me to open other checking accounts.
When I received this guest post, I was wondering, was it going to add any value to my readers? Then I read the post and found out that only 46% of internet users use online banking. There must be a reason half of them don’t use online banking. To me, online banking is a boon I never bank at local branches, I can do everything sitting on my couch using bank’s website or app.
In today’s digital world, everything seems to be done online. From talking to friends and family via video chat to shopping and everything in between, the Internet is completely eliminating the middlemen, including bank tellers in traditional bank branches around the world. Nearly every bank today offers online banking options that allow their customers to manage every aspect of their checking, savings, or investment accounts as well as perform a number of convenient functions through an online banking portal.
The majority of today’s banking customers now utilize online banking to review their accounts, transfer funds, make payments , and perform a host of other useful functions. In fact, according to MSN Money, more than 46 percent of Internet users in the U.S. utilize online banking. Unfortunately, like anything else in the virtual online landscape, there are pros and cons to online banking.
I don’t use bank checks very often, I’d prefer e-check facility most banks provide today. Where in you can send payment via email ID, phone number or simply by name and address. But there are often times when you need to write a paper check. When I last ordered paper checks it cost me around $40 for 50 leaves. This time, I did my research and obtained 200 leaves for only $12 from Bradford Exchange Checks.
Based on this experience my advice to you would be to go for cheaper online check ordering sites, rather than ordering them directly from your bank. It’s secure, convenient and cheap. While ordering I did my research on the sites that offer check order service. Here I’ll list of 5 tops sites to order checks from.
Different factors need to be considered when you plan on ordering checks online. You would definitely be considering the price, the delivery options, the security. Here are some factors that you can use as a guideline when choosing the company to order check from:
Investment banking is a specific division of banking that relates to creating capital for companies. Many investment banks do not take deposits as commercial banks do. The three main areas of investment banking are sales and trading, asset management and investment banking.
The largest investment banks offer all three services, but there are smaller firms that focus on just the investment banking area. Most investment banks spread investments and securities management in several regions of the globe to ensure a wide coverage of multiple financial markets.
An investment bank will underwrite equity securities and debt for many different types of businesses. Experienced investment bankers will provide guidance and advice to issuers about the placement and issue of stock.
One fine day you may wake up and discover all your bill pays are not just going through, the schedule transfers to your other investment accounts failing, or your systematic investment plans are failing.
You call up your bank and find an answer, a reason code ’16’ which is nothing but ‘account frozen’ status. There is no immediate way to recover from this set back, there is no way to not become delinquent on your credit card bills and utility bills. It is deadly situation, handle with care and take prompt action, without wasting time.
I rarely use checks, mainly because they cost money. I rather started sing free electronic payee checks. I sue checks to send monthly rental. Apart from that occasional expenses are paid through checks. Sometimes when we eat out or travel together and someone pays on everyone’s behalf, I return my share by writing a check to the payer.
This is an article geared towards saving money on ordering checks and things to take care of before you order checks for your business. Are we still using paper checks only because “we have been doing it this way for years and it works for us”?
The following article contains financial advice that might not be suitable for US audience. as Saving account rates in US is too low to consider it as an investment option. This article is more suitable to countries where savings bank rate is much higher than in US.
From time to time, most of us will need to take out a home loan. This may be in order to cover an unexpected expense or to finance a more planned project. The overall cost of these products can be high, as they will generally include an arrangement fee and monthly interest charges. However, it is possible for a shrewd borrower to minimize these costs by using a variety of money saving techniques. For example, in order to offset some of their costs, borrowers can invest a proportion of their loan in a high interest savings account.
