In this post we are going to discuss how to choose the right checking account for you. We’ll discuss what criteria make up a quality checking account and recommend some potential options. Remember that everyone has a different best so make sure to do your research and be an informed consumer. Again, let’s start with …
In today’s post I want to share some cool banking quotes that are both funny and educative. Banks are now a prominent part of any “developed” or “developing” country. We cannot imagine a world without banks. Gone are the days when people used to keep money in their homes. And as the world is going …
81 Serious and Funny Banking Quotes To Make Your Day Read More »
Direct debit is when you give instruction to your bank to allow a third party such as a utility company, to collect varying amounts of payments from your bank account. All this is initiated by the organization with your consent. There is however a condition that that organization or company should notify you in advance …
A standing order is when you as a bank account holder instruct your bank to pay an exact or set amount to another bank account at regular set times. For example, you can instruct your bank to make a payment of $500 as rent to your landlord’s bank account on the 27th of every month. …
It has taken me a few days to come to this point when I am writing this post, “I Need Money Now: Ways To Get Cash Immediately. It is such a wide subject with all sorts of “landmines” as we are dealing with someone in desperate need here. I know for sure that almost all …
In a previous post, I discussed some of the advantages of traditional banking but in this one, we are going to discuss the disadvantages of traditional banking. In doing this I will try to compare them to “new kids on the block” i.e. online banks. These online banks have revolutionized the banking sector by taking …
With the proliferation of online banking, it is easy to forget the benefits and advantages of traditional banking services. While online banking has offered us cheaper and convenient forms of banking there are certain things that they do not offer. It is when you need such services that you are made aware of some of …
Over the past few years, internet or online banking is the in word and almost everyone in the western world has used it. But what are the advantages and disadvantages of internet banking? In this post, I will try to answer those questions while shedding more light on internet banking and its future. Advantages of …
6 Advantages and Disadvantages of Internet Banking or Online Banking Read More »
I thought that it might be a good idea today to discuss tips for buying your first home. Believe it or not, this is an issue that many first time home buyers make “schoolboy” mistakes. If you think I am lying you just go back in your memory lane to the subprime mortgage crisis to …
In this post, we are going to learn how to transfer funds electronically. I am really excited about this post as a lot has happened in this field in the last few years. The past few decades have witnessed some amazing developments in the banking sector. It is now very easy to transfer money electronically …
How To Transfer Funds Electronically Step by Step Guide Read More »