Planning Retirement? Do Not Even Start!
We all have begun to wonder: “How can I plan retirement? Am I going to be still playing Online Poker next week?”
Don’t panic. You can start simply by picking up the phone, talking to your banker, and telling him exactly what you want to happen in your retirement. This is usually a good starting point. But let’s get into the details. 유류분 반환 청구
The first thing that you should do is ask your banker about the free options that are available to you. Freeing up some very valuable options can add an immediate survivorship of your money account, reducing the amount of money that you are exposed to risk.
Your banker is not trying to be a caring father and he/she is not quite a bad guy. They are just doing their job and trying to comply to regulations that have been put in place by the government. There should be nothing to worry about. Freebies and deals do come up and this is another good reason to get the most out of your free checking and free savings plans.
There are a number of free checking options that have been created by the banks and investment firms as incentives for people to choose a checking account and open a savings plan. Everyone should enjoy unlimited use of these free services.
A great option is to simply ask your banker to move some money into another account. This can be done at the beginning of the month or during the pay period if that is convenient for you. This can be done without any cost to you. You will not get any interest payments or any cash back. But this option does not cost you to have your own checking account. Does this sound like good IRA health savings plan, I know how I would answer that one.
Most people do not follow through on these free deals and then they wonder why they have free checking and no savings. It’s worth giving it a try. Then you can thank your lucky stars when your free checking account turns into a bank account!
If you don’t file free checking or free savings deals, you will never get out of the financial cycle. Your money needs to move from your checking account to your savings account. Then you have to have money in your savings account to pay bills that are due. This is the typical cycle. Here are some tips for making sure your money balance is always in the positive.
• Keep your checks issued from the same bank. Banks generally earn more money when they issue checks than they lose when they refuse to pay for them. This is because the check is from the same pool of funds that is collects interest.
• Don’t change banks to switch banks for the lower interest rate. Did you know that you can save .40% to 1.20% on a 2% savings account by having your money placed in a savings account instead of in a checking account? This is simple in that you can establish a direct deposit for the money to move from your checking account to your savings.
• Make sure that you do proper research prior to establishing any checking or banking accounts. Make sure the bank that you choose is worthwhile to do business with. Many times the banks offer promotions to lure you into thinking that you are getting a good deal. However, with just a pre-approval letter you are able to request and gain the right to access the funds. The reason you can do this is because you have established a relationship with the bank and with them, you are now their customer. You are entitled by law to move your money within the bank where you currently have your checking and savings accounts. Some banks offer free checks with direct deposit if you are able to have a set number of checks written for your direct deposit feature. This way you can help your self to shop for the best checking account terms.
• Think about your overdraft reserves. Instead of putting ten or twenty dollars in the savings, see if you can get the money into the checking account instead. Make sure that you have enough money in the checking account for the deposits that you will make during pay periods. This is better than getting a retail fee. Retail fees are generally .40% to 1.80% of the amount that is overdrawn. This is a high cost and are difficult to get back.
Keep records of the money that you expend through your checking account. You will need these funds later to pull money from checking and into the savings. Some banks will send your ATM receipts through your written register. You may find that it is easier and quicker to look at these receipts and see what has been going in the accounts. Admit what is going in the wrong and move money around to where it can give the highest interest instead of in a one way pile in the checking accounts.
Do not panic at the thought of having to bank with unemployment. There are still many options for you.