A bank is basically where you put your money…where you do
all your everyday money transactions. These days banks offer
one-stop shops for everything from checking, savings, and
credit cards to investments.
Gone are the days when you simply went into a bank to open
a checking and savings account, and it would take about ten
minutes. Now, like everything else in life, you have a smorgasbord
of choices, ranging from the "no-frill" to the more sophisticated
high-interest bearing accounts.
Do you remember the days when, if you didn't get to bank by
6 p.m. on Friday evening, your weekend was blown because you
had no cash?
Today's convoluted bank statements are like large baby strollers:
You need a crash course in advanced left brain maneuvers to
figure out how they work.
You should know at least a little bit about how the banking
system works, since you're entrusting it with your money.
Otherwise, you might as well stuff it in a mason jar on top
of the fridge.
The evolution of how money grows…and how it can get sucked
right out of your life with comparatively little to show in
return.
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