When the big banks failed and needed to be bailed out with taxpayer money, a few people that got fed up with the whole media circus asked a question that hasn’t been asked in a long time: do we still even need bank accounts anymore?
It’s not a bad question to ask — even though those bailouts have long since passed and been spent. If you’re thinking about whether or not you really nee dot get a bank account, then this is definitely the guide you need to read.
In a nutshell, the truth of the matter is that you definitely want to get a bank account, if for no other reason than convenience. A bank is a very secure location for money — bank robberies still do happen, but for the most part, banks are protected by a wide variety of security measures. That’s why they are so hard to break into and even harder to get out with the money without the police catching you.
A bank account can also lead you to other value added services, like copying, faxing, notary, and other services. These are great services that shouldn’t be overlooked — especially as you start thinking about the things that you need to do on a daily basis. When used in the right context, a bank is definitely convenient.
Being able to have your money in a safe place that is easily accessed while still remaining secure is a big selling point. However, if you really want to get a bank account, you will nee dot also think about the fee schedule associated with the entire bank across accounts. Sometimes the fees can be quite high, but new customers may qualify for some introductory rates.
One more reason to think about getting a bank account is that you really do get to set the foundation that can yield unexpected things. If you bank with the same bank for a few years, you can usually get credit products from that bank easier than someone just walking in can can. If you have dreams of running a business someday, this might be something that appeals to you.
Overall, it’s clear to see that the choice to get a bank account is actually personal, and it’ll vary from person to person. If you think about the things in this guide carefully, you shouldn’t have trouble finding the bank account that fits into your overall financial plans nicely!