What are the different kinds of banks I could use? What might be the right bank for me? How do banks even make money? These are all questions that we will be exploring in today’s episode and our upcoming Personal Banking tour.

In today’s episode, we discuss foundational concepts including the 3 major types of banks you might want to consider, how we choose our banks (I’m guessing not too different from you), and what you can expect from the rest of this tour – do you want to avoid fees?

We are excited to introduce you to Ready to Roth and help you feel more confident about your banking decisions.

Show Notes:

[2:27] What is a bank?

[3:25] Different kinds of banks - traditional, online, credit union: What is a Bank (Investopedia)

[4:24] Intro to Credit Unions  Credit Unions (Investopedia)

[6:11] Krista and Justin’s current banks and why they chose them

[10:35] What to expect from this tour

[12:20] Who should listen to this tour

[13:30] Banks are for-profit institutions

Mentions:

How do banks make money? Check out: Analyzing a bank's financial statements

More of Ready to Roth:

Show Notes: readytoroth.com

Instagram: @readytoroth

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