8 PERSONAL BANKING TIPS

  1. Establish a budget. You need to understand your expenses and income in order to manage your money.
  2. Set guidelines for yourself, such as distinguishing “needs” from “wants.” If your expenses exceed your income, you may need to make choices to avoid a financial difficulty.
  3. Make sure you have access to a local bank. Once you arrive on campus or begin the term, you will want the convenience and ease of managing your money locally. As the official bank of UC Berkeley, Bank of the West(link is external) offers sixteen ATMs on or around campus as well as on-campus staff. We partnered with Bank of the West to offer accounts specifically for UC Berkeley students, with no monthly service charges and other advantages. (Note: You are not obligated to work with Bank of the West.)
  4. Open a savings account. Put a little money in each month, even if only ten dollars. You never know when you’ll need it, and this practice will help you establish good financial habits. Most banks offer auto transfers from a checking to a savings account.
  5. Review your checking account balance regularly. This will allow you to assess how much money you have available, and it’s easy to do via mobile app. You may also detect potential fraudulent activity right away and take precautions.
  6. Choose credit cards carefully. Don’t sign up for the first credit card offer. Research as many credit cards as possible and sign up for one that offers you the best interest rate and/or perks, such as travel credit or cash back rewards.
  7. Pay bills before they are due. Late fees can be a costly waste of money. If you don’t have enough to make at least the minimum payment, call the payee and make payment arrangements. Often they will waive the late fee the first time you are late.
  8. Stick to your credit card limit. Your credit limit, along with your current balance for each line of credit, appears on your credit report and affects your credit score. Exceeding the limit may also result in fees, interest rate increases, or account closure.

22 Comments

  1. Like seriously This platform has always been a source of learning and has help to broaden my scope of knowledge on issues like this and other related issues.

  2. To be motivated in doing things and knowing more are, one of the best, I can see from this platform, it is a motivating platform

  3. Like seriously This platform has always been a source of learning and has help to broaden my scope of knowledge on issues like this and other related issues.

  4. Make sure you have access to a local
    bank. Once you arrive on campus or begin
    the term, you will want the convenience and
    ease of managing your money locally. As
    the official bank of UC Berkeley, Bank of
    the West(link is external) offers sixteen
    ATMs on or around campus as well as on-
    campus staff. We partnered with Bank of
    the West to offer accounts specifically for
    UC Berkeley students, with no monthly
    service charges and other advantages.
    (Note: You are not obligated to work with
    Bank of the West.)

  5. Stick to your credit card limit. Your credit
    limit, along with your current balance for
    each line of credit, appears on your credit
    report and affects your credit score.
    Exceeding the limit may also result in fees,
    interest rate increases, or account closu

  6. Review your checking account balance
    regularly. This will allow you to assess
    how much money you have available, and
    it’s easy to do via mobile app. You may
    also detect potential fraudulent activity right
    away and take precautions.

  7. Choose credit cards carefully. Don’t sign
    up for the first credit card offer. Research
    as many credit cards as possible and sign
    up for one that offers you the best interest
    rate and/or perks, such as travel credit or
    cash back rewards.

  8. Establish a budget. You need to understand your expenses and income in order to manage your money.
    Set guidelines for yourself, such as distinguishing “needs” from “wants.”

  9. A successful businessperson is self-motivated and is constantly looking for strategies and ways to make their team motivated too – thus enhancing teamwork.

  10. This article is wonderfully written,You can be so
    creative if you’re ready to be an autonomous And
    using power of social media can really improve or
    elevate your business. The platform is so elevating.

  11. Starting a blog could be a potential
    source of income for you on daily basis.
    You need to create content consistently,
    and it also needs to be content that
    educates, informs, or entertains
    people……….,,,,,,,,……

    • A successful businessperson is self-motivated and is constantly looking for strategies and ways to make their team motivated too – thus enhancing teamwork.

  12. Make sure you have access to a local
    bank. Once you arrive on campus or begin
    the term, you will want the convenience and
    ease of managing your money locally. As
    the official bank of UC Berkeley, Bank of
    the West(link is external) offers sixteen
    ATMs on or around campus as well as on-
    campus staff. We partnered with Bank of
    the West to offer accounts specifically for
    UC Berkeley students, with no monthly
    service charges and other advantages.
    (Note: You are not obligated to work with
    Bank of the West.).
    I find this post very useful and beneficial to all

  13. Your credit limit, along with your current balance for each line of credit, appears on your credit report and affects your credit scotr, and as such, you’ve got to Stick to your credit cards….

  14. To be motivated in doing things and knowing more are, one of the best, I can see from this platform, it is a motivating platform

  15. Some skills to
    accumulate to create you cash for keeps ar
    graphic style, social media selling, net style..investment in
    yourself suggests that feat a talent and up on it
    talent you’ve got noninheritabletc.

    • Some skills to
      accumulate to create you cash for keeps ar
      graphic style, social media selling, net style..investment in
      yourself suggests that feat a talent and up on it
      talent you’ve got noninheritabletc.

Comments are closed.