How to make financial choices without overanalyzin...

How to make financial choices without overanalyzing

Making financial decision
Oh My Dollar!
Oh My Dollar!
How to make financial choices without overanalyzing

Maddie asks how to pick a bank from all the different options: credit union, online bank, local bank, multi-national – how do you choose?!

Making financial decision

Choosing a bank is hard!

Some things to consider:

  • How often you need to deposit cash or checks too large for an ATM
  • Hours of the bank
  • Banking fees for holding account
  • Minimum balance required
  • Other account requirements (direct deposit or debit transactions)
  • Your politics (would your rather have a bank or credit union?) – check out this list of political donations by banks
  • How good the app or online access is (does it make your eyes bleed?)
  • If they have credit builder cards
  • If you want manual underwriting for a mortgage
  • If you get free checks with the account
  • Sign up bonuses!

Some banks we mentioned (no referral links below, just information!)

I print all my checks at home directly from Word. It streamlines a lot of processes for me! If you want to print your own checks, here’s check paper!

As always, please write in with any show questions to questions @ ohmydollar (dot) com – and let us know if you don’t use a bank or how you chose the one you have now!