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Do not leave money “without work” and some more surprisingly simple tricks of money management from the bank manager, which you can also use

According to recent studies, more than 60% of people do not open savings accounts with good interest rates. Eric Rosenberg, the bank's manager, shares financial management tips based on his many years of experience.

You can have multiple savings accounts at the same time.

Many people believe that they should have two main bank accounts: check and savings. But this does not mean that you need to limit yourself to them. You can open several check and savings accounts if you wish. You can open different accounts for different purposes. Thus, you can accumulate good capital.

Automate all finances

Your online banking is a great tool for managing your money. You can set up automatic operations that you perform regularly so as not to think about it. Online bill payment can automatically pay credit card debts, utility bills and other expenses. If all this happens automatically, you will never forget. This trick will help improve your credit history and avoid late fees.

Credit history

You can get access to the best interest rates, the best accounts, only having an excellent credit history. Especially if you need a premium credit card or the lowest loan rates to buy a home or car. Never forget about paying credit bills, pay off credit card debt every month before the due date.

Never ignore your money

In personal finance, the biggest mistake you can make is to ignore your money. Do not let your bank accounts go by the wayside. This can be a costly mistake. Instead, focus on investing your money in the work, so you can get enough return from the bank. Money loves counting - everybody must learn this golden rule.


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