Why Bank?

Check casting fees cost the average unbind family $400 per year. You're less likely to spin or lose money that is deposited in the bank. Let's see how banking has helped real students and young workers. Well, having a bank account and being able to take my wages from a job and take it straight to the bank, definitely help because whenever I would get any type of check or money order growing up, I would have to go to like a currency exchange or a check cashing place. And they take a percentage of your money depending on how big the check is. I mean, I didn't really fully understand that, or it didn't mean as much to me, but as I was becoming more independent and, you know, I had gas, you can stuff and those few dollars start to build up. It really benefited me to be able to go straight to the bank. And as I got older, I even set up a direct deposit, so I didn't even have to wait a few minutes or hours to take my physical check to the bank.

My job actually paid me directly through my bank account. So that was definitely much more convenient and cost effective. And save money. You don't have to go to any curses changes and cash a check because they take money out of your check. You can just go directly to your bank and cash it. And you get all of your money back, or you can keep it in your savings account, which I suggest. And it's a lot easier that way. My first check probably would have been spent. If I didn't have to put it in the bank, and I think that was a really good thing with this Chicago summer visit into two did that, you know, we kind of had to put our money in the bank and then go into the credit exchange and cash in it. And then like going to attend it. So it helped me a lot actually because I probably wouldn't have saved anything. I wouldn't have probably even known how to save. It wasn't for that program. The first year I saved quite a bit, but the second year I saved enough to buy a car. So, yeah. So my grandpa's poppy, he, my dad always says he kept all of his money under a mattress at home. 

All of his money he had three jobs and he never put in a bank because you know he grew up during The Great Depression and just didn't trust banks like that, but luckily we have like FDIC and shirt banks. So to make sure that your money won't be completely lost, you have interest to ensure that it will grow. And if there's any fire at your house, your money also won't get lost. So it's just like safer all around. And I just constantly remember that story every time I walk in a bank to deposit more check. When I got my first check just because I had been saving for so long, it was just routine that I would split that check up and save it. And I think it's something it becomes disciplined almost. It's when you do something for so long, you just get used to it and you just do it naturally. So I think sticking to a routine is a great way to start and getting into the habit of saving. And that's advice I would give to anyone who wants to start saving or become an investor, just start little by little and gradually save or invest more of your money. Saving even just a little each day can make a huge impact. If you save $7 and 50 cents per day at a 7.5% APR from age 22 to 65, you will be a millionaire. Start today, set a savings goal and make a pledge to save. If you believe that you are unstoppable, your problems don't worry you will be non breakable unbreakable.