Getting my finances straight

June 18th, 2009

Well I admit it I am terrible with my finances.  I normally have a rough idea of how much I should have in my account, I am normally in the right area and I am not normally happy with the amount.  Since being unemployed I have hated getting my bank statements or looking at the balance on the cash machine.  I have now got a job and the numbers are getting better, I am nearly back in the black which will be nice.


Now I have an income coming in I am thinking about savings and sorting out my money.  I would like to get my self another bank account and have my current account set up just to pay bills with direct debit and store savings using the savings account that is linked to that account.


I would also like a bank account that has never been used on the internet.  My account at the moment is registered a lot of online retailers.  I only use larger retailers like Amazon or Paypal which should be secure but my Paypal account has already been hacked into once.


With banking in the state it is in at the moment I am not really sure who go bank with and who will offer the best rate for my savings.  I am considering getting some advice from independent insurance brokers as banking confuses me.


I think the banking world is set up to confuse people with acronyms and number.  I have made some attempt to understand some of the terms used but have always failed.  I must have read what APR means 50 times but I still do not understand it.  I will give it another try one day but until then I will be at the mercy of the people in the bank to lead me along.

Tags: , , , ,
Posted in Uncategorized | Comments (0)

Leave a Reply