Myth: Trust the Bank - Deepstash

Myth: Trust the Bank

Consumers need to protect themselves when dealing with banks. Don't let the bank make financial decisions for you.

Signing up for a new credit card because you were pre-qualified will not always end in well. Despite good credit scores and money in the bank, only you know your real financial situation.

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elizabethvv

"I always say, 'People first, then money, then things.'" ~ Suze Orman

The idea is part of this collection:

Lifelong Learners

Learn more about moneyandinvestments with this collection

How to apply new knowledge in everyday life

Why continuous learning is important

How to find and evaluate sources of knowledge

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Spending money mindfully

  • Leave the item for 24 hours. If you still want it and can afford it, then make the purchase.
  • Don’t let “blowout sales” tempt you. Ask yourself if you would buy the item if it were full price.
  • Check your bank balance first thing every morning. It will ensu...

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