23. Online banking is da bomb and you should use it daily to keep your budget on track.

Standard

I apologize for my use of the phrase “da bomb.” I’ve been told never to use that expression. Or “Gettin’ jiggy with it.” Apparently, ????????????????????????????????????????I’m not convincing when I say either of those things. Regardless, online banking is not only da bomb, it saved my financial life. Really, when it gets down to it, it saved me, too. Back in the days when the dinosaurs roamed the earth, a.k.a., my 20s, I had to balance my checkbook the old fashioned way, which often took hours. And adding insult to injury, I was always off. Usually by at least $100, which might explain the amount of bounced checks I had back then. Because balancing my checkbook was always so frustrating, I stopped balancing it altogether. I never knew how much money I had, or in most cases, didn’t have, and this made me very anxious and worried. Paying bills was a drag, too. I never seemed to have enough stamps and writing checks that had the potential to bounce was pretty depressing. Then online banking came along and I thought I’d died and gone to heaven. I could check my balance every day! And it was always right! I even get email alerts when my balance falls below $200 (like today). This has had a profound effect on how I spend and save money. Online banking made taking control of my finances easy. The power it’s given me is immeasurable. You should be tapping into this power, too.

Word to the wise: Take advantage of everything online banking has to offer – and besides, it’s free! And check your balance every day. Pay all your bills online and you’ll know how much money you have left over for everything else the minute you hit the “Submit Payment” button. Look at your spending habits and see if there’s a way for you to save or to save more. Most banks have these cool charts that show on a monthly and yearly basis the stuff you spent money on and how much. You’ll find that if you totally get into it, online banking really is da bomb and you’ll feel like da bomb because you won’t be as worried about your money.

Has online banking changed your life? How does it help you with your finances? Note: If I’m lucky enough to get a book deal, your comments may be published anonymously “Wise Before 25, 50 Things Young Women Need to Know.”

Advertisements

About Eva Finn

Eva Finn is an award-winning marketing copywriter, advertising instructor and life expert. She started the blog, Wise Before 25 so young women can avoid making the same mistakes she did. This blog will become a book of the same title, which will include contributions from readers. She was also published in a book about the subject of hair– the good, bad and the ugly – called, fittingly enough, Hair Pieces, by the Cary Tennis Workshop. As a copywriter for more than 20 years, she has written ads, brochures, direct mail, radio and television for clients that included In-N-Out Burger, Bank of America, Toyota and Ingram Micro. Eva has a bachelor’s degree in English and a master’s degree in education. She has taught advertising classes at The Art Institute of California-Orange County and California State University, Fullerton. And she has had plenty of hard knocks from the school of life.

4 responses »

  1. More great advice I have yet to follow. While I do pay most of my bills online now, I still haven’t bit the bullet on my checking account. Partly because I hate the groundwork involved (lazy), and partly because I’m sick of looking at a monitor all day so welcome the chance to go back to old school check book balancing. I makes me feel like I have a few brain cells left, and I get so excited when it balances! Wow, that sounded pretty pathetic, It may be time to let go of that and find my excitement in other ways. : |

    • Well, I think you are WAY better at numbers than me! Especially if you can balance your check book to the penny, old school style. Whatever works for you is what’s best. But I don’t miss writing checks and stamping letters 🙂

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s