From ATMs to apps, banking has changed. Have your banking choices kept up?

Join us for this essential episode of ‘Between Life and Money: Finding Balance’ featuring Jeff Panik from Balance Wealth Partners. This episode clarifies the various avenues and nuances in the world of banking, tracing the transition from traditional banking methods to today’s digital solutions, examining both the advantages and the challenges they bring.

Key Highlights:

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• The Evolution of Banking: Explore how the transition from checkbooks to digital platforms like ATMs and smartphones has revolutionized everyday banking, making it more accessible but also more complex
  
• Choosing Your Financial Ally: Understand the differences and implications of choosing between traditional banks, credit unions, and online banks for your financial wellbeing
  
• Credit Unions vs. Traditional Banks: Discover why credit unions may offer better rates and more personal service, with real-life examples from USAA and Navy Federal
  
• The Value of Banking Relationships: Learn why personal connections with banking professionals are crucial for solving complex financial issues
  
• Understanding Account Types: Get clear insights into the various roles and benefits of checking, savings, and money market accounts
  
• Effective Account Management: Receive practical advice on how to manage multiple banking accounts efficiently to reduce fees and improve your financial health
  
• Leveraging Financial Tools Online: Utilize resources from Bankrate, NerdWallet, and Deposits.com to compare financial products and secure the best terms for your needs
  
• And much more!
  

Resources:

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• Website: NerdWallet.com
  
• Website: BankRate.com
  
• Website: Deposits.com
  

Connect with Jeff Panik:

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• LinkedIn: Jeff Panik, CFP®, MSFS, CRPS 
  
• Website: BalanceWealthPartners.com