Comments on: 5 Ways to Simplify Your Finances https://www.financeglobe.com/post/5-ways-to-simplify/ Personal Finance Tips & Tools Fri, 08 Nov 2019 02:23:55 +0000 hourly 1 https://wordpress.org/?v=6.9 By: Wanderer https://www.financeglobe.com/post/5-ways-to-simplify/#comment-751 Fri, 08 Nov 2019 02:23:55 +0000 https://www.financeglobe.com/tools/2019/10/20/5-ways-to-simplify/#comment-751 Good ideas to try and manage your finances while keeping the methods to do it simple so you will do it! For myself, I build and annual budget to guide my funds toward fixed expenses firsts and discretionary second. Works and keeps me on track for large items like a new roof, remodel in the house, new car, and so on.

As to the number of financial institutions, my recommendation is to have two banks or credit unions for safety. Reasoning (it has happened to me) they may go off line for site enhancements, they get hacked, you have your ID stolen, they are unavailable due to weather and so on. It gives you a safety net. An old saying “always be prepared”! You need to protect yourself and only one bank or credit union may leave you vulnerable! Yes, I know it may not be quite as convenient but, when you need it you are covered.

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