Banking Online: Better Than Ever
If you are like me then you use your smart phone or computer for everything. The idea of not being able to quickly hop online and secure a dinner reservation or tickets to a show is mind boggling, and calling someone on the phone is not only inconvenient but way too time consuming. A quick email or text usually does the trick when trying to contact someone. Oh technology is my friend. One of the best things to come out of technology is the simple task of managing my banking. Most people have the choice to use online banking to manage their personal banking. I have used it to managed multiple accounts for a business,…
MBA History
The MBA, or master of business administration degree, is considered a basic requirement of entry into the highest offices of corporate America, including the banking system. Bankers and investment brokers once had to hold a master’s degree in business administration, in addition to passing board exams and attaining other, more specific designations. The first graduate school of business in the US was the Tuck School of Business.
Funny Bank Robbery Stories
My dear friend, who works at a bank, called me the other day laughing her head off. She said, “The bank just got robbed.” Wait. What?! “Kate,” I said, “This isn’t funny?! Is everyone okay?! Unstoppable laughter ensued on the other line. Finally, a break and laughter and a response, “He wanted $5.” She said and then continued to laugh. It took a good 10 minutes to get her to stop laughing, but once she calmed down, she explained that a very drunk man stumbled into the bank at around 1pm. He started doing a strip tease in the middle of the bank, and then demanded that everyone watching give him $5. After hearing this…
How to Get a Job as a Bank Teller
If you want to know how to get a job as a bank teller, than look no further! Working for bank is a great job. The hours are usually normal business hours, you work in a professional setting, and most banks offer their employees great benefits. If you are in the market for a new job, and you have customer service skills, then you should consider a job as a bank teller. Bank tellers are responsible for the customer service in a bank. You will handle small transactions like withdraws, deposits, and transfers. In order to be a bank teller, you need to be proficient in math, comfortable working with money, and a friendly upbeat personality. Once…
Understanding the Financial Crisis
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo. If you’re anything like us, watching the news the past couple of days has us wondering: “What the heck happened to our economy?” It’s hard for the average American to understand the financial crisis of our nation. We found this great Vimeo video that does a great job explaining why we are in such a crisis financially. After watching this video, you’ll have a better understanding of why we are in such a rut. After watching this video, take a few minutes to think about what you can do to be a more financially responsible citizen. It’s important to borrow responsibly and always make sure…
Used Cars Have Increasing Returns
Here are words you never thought you’d hear in the same sentence: used car values are soaring. That is, especially for fuel efficient used cars. Most of us consider used cars to be one of the most rapidly depreciating products that we have to buy. But today, compact models of hybrid vehicles with high mpg are costing used car buyers almost as much as new versions of the same car would these days. For example, the Honda Civic, Chevrolet Aveo LS, and Ford Focus have all had increasing Kelly Blue Book values since January of this year, and significant increases too, with the 2008 Honda Civic costing about $3,000 more to the Ford Focus of…
The Dangers of For-Profit Universities
Dean Roberts, a laid off factory worker and former satellite tv provider installer, was lulled into a for-profit university with promises of a career at the completion of his degree. “They told me that I would have a job within 6 weeks of graduation,” he said. “They lied. I did everything I was supposed to do. I got good grades, worked hard, and here I am, 6 months after graduation, with $60,000 in student loans and no way to pay them back. I’m 40 years old, and I owe the government a whole lot of money that I can’t pay back.” Mr. Robert’s isn’t alone. Recently, online universities have come under fire by the government…
Benefits of Renting VS. Buying
“Buy now while the houses are cheap!” “It’s a buyer’s market!” “Record low interest on home loans!” “Buy cheap! Sell high!” Does any of that sounds fimilar? I’m sure it does. Realtors and banks a like are encouraging families and individuals to take the leap into the housing market. However, we have a secret to tell you: Getting YOU to buy a house is how THEY make money. Yeah, that’s right. THEY make money when YOU buy, so of course they are going to tell you to buy, buy, buy! While we do think house ownership can be financially responsible, we also want you to take a second to think your decision through. It’s certainly…