Happy Friday DINKS!!! As you know I work as a Financial Planner in a bank branch.  This week we will discuss our Banks…What we love about our bank, and what we do not like so much.  As everything else we do in life is indirectly related to banking.  I am not over exaggerating.  If you think about it our lives all revolve around our banks.

If you have ever left work early, or arrived at work late to get to your bank branch during opening hours you know what I’m talking about.  You may have chose your bank due to the branches location and proximity to your work or your house, or you chose your bank because of their corporate reputation, or if you chose your bank because of the relationship with your personal banker.  Regardless of the reason for choosing your bank, it is a personal decision and everything we do indirectly revolves around our bank.

Here are some other people in the blog world who love and hate their bank:

My Two Dollars knows that Bank of America has had some financial misfortune, but they continue to remain as loyal clients to their bank.

Budgets Are Sexy on the other hand had a recent unpleasant run in with the Bank of America and J. Money wasn’t shy to share his (horrifying) story.

The Financial Blogger discusses his Balance Transfer experience with MBNA which is the Canadian partner of Bank of America.

Green Panda Tree House warns consumers about bank marketing to attract new clients. But the discounts may not be worth it.

And here are some Carnivals we participated in lately:

Carnival of Personal Finance #283 @ Simply Forties
Festival of Frugality #256 @ Festival of Frugality Site
Carnival of Personal Finance #282: Seinfeld edition @ PT Money
Carnival of Money Stories- Perfectionism Ed. @ Barbara Friedberg Personal Finance
Festival of Frugality #254: “It’s hard to be frugal during the holidays” @ GenXFinance.com
Carnival of Personal Finance #284: Thanksgiving Preparation Ed. @ Sweating The Big Stuff

This entry was posted in Banking, Blogging by Kristina Tahnyak. Bookmark the permalink.

Avatar photo About Kristina Tahnyak

Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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