Banking And Finance

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Nature Of Banking System

Throughout the history of banking many things have been written. College courses have been taught and those students in turn taught their own students. The process has been featured in varying lights. People have suffered poor health, lost sleep, and even died from a sinester fear of dealing with the bank. It is my hope that the following aproach will help to relieve this problem. Banking is your opportunity to fulfill your childhood dreams. You can portray that immortal animated actor Elmer Fudd! Your banker is Bugs Bunny. If he or she is really good they will be able to morph into The Road Runner! Your bank is The Acme Company. So remember this as you are left in the dust trying to comprehend the math and formulas of interest and fees. When it comes to finance and your money, "That's all Folks!"

Banking On Yourself

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What The Hell Happened?

This is what many people are asking. Maybe you thought I wasn't on track in comparing our banking system with a cartoon. So who is laughing now? To help you better understand the true nature of what we have gotten ourselves into a bit of background is needed. Life is a zero sum game! We enter with nothing and we can't take anything with us. Now lets move on. No sooner than we grab something we see something else we want. So we grab that too. Before long we have more stuff than we can carry. So we find a spot we can leave it while we go out and get more stuff.
George Carlin explained it all years ago. Children are the best teachers in this area.
If another child has something they want they go over and take it! As we mature we learn other ways to get what we want. Those who don't wind up behind bars. Or if they get away with it they get rich until they are caught. The first system developed was called barter or trade. You have to give something to get what you want. Value was then assigned to things in order to evaluate the trade.
Now you also understand what happened to the stock market. when any object is under or over valued it affects the next time it is traded. This is true whether it is money or goods. Now here is the scary part. People make this up out of thin air!
Which means if you don't agree with the offer made there is no deal! This is why things have come apart. People are tired of being scammed! So everyone is holding onto what they have. And that means no commerce.

Finance

In todays economy the most common way to finance is with a credit card. Credit cards come in many forms.
You have citi credit cards, masterard credit cards, discover credit cards, student credit cards, 0 interest credit cards, cash back credit cards, secured credit cards, business credit cards, small business cards, no annual fee credit cards, balance transfer credit cards, rewards credit cards, platinum credit cards, even Disney credit card. But what you have to watch out for is credit card debt.
With all of these credit card offers, how do you find the best credit cards? First you have to compare credit cards. Before having dreams of multiple credit card machines, find out who has the best credit card rates. While most businesses will accept credit cards, even a zero percent credit card comes with risks. So before you even apply for a credit card be sure you can make the payments. Look for a low interest card. If you get in trouble try credit card consolidation.

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ShortSaleRealtor ShortSaleRealtor Jan 22, 2008 @ 4:47 pm

great lens 5 stars 4 u

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Alex Alex Nov 28, 2007 @ 1:30 am

So interesting and informative lens, thanks! FIVE STAR By me.
If you have some time, Please take a review to my American Express credit card lens.

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john john Oct 20, 2007 @ 5:17 am

Acquiring a cash advance loan is easy and simple, but the repayment terms are very strict in these cases. First, the full amount of the loan along with the heavy rate of interest should be paid dot on time. If a person fails to do so, he might get into some real trouble. Since the rate of interest in cash advance loan is quite high, the total amount of repayment becomes really big. And for some, the repayment on time becomes impossible, which amounts to a further increase of the interest rate. Some borrowers pay the principal amount and keep the interest for future repayment. This leads to a situation where the payable interest mounts up to become larger than the principal amount. Thus the borrower may get himself stuck in a never-ending loop of debt. A thorough knowledge about one's own capability and a good market research can strike out this problem while opting for a cash advance loan. http://advancemagnumcash.pixieinfo.com

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Carla-White Carla-White Oct 1, 2007 @ 6:30 am

What a great lens on banking. I give this lens 4 stars. Are you interested in learning accounts? Check out my home learning accounts courses lens.

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Aug 30, 2007 @ 5:39 am

Hello! I am excited to be the part of this dynamic lens, I rated 5 stars. My kind requests visit my lens about commercial business loans.

Thanks

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Aug 8, 2007 @ 7:38 am

Hello! I am excited to be the part of this dynamic lens to share my lens to you all. Lens is an attempt to get you acquainted of the basics and the process of valuation, before you actually go for commercial business loans.

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How To Make Money From The Bank

There are ways out there to put money in our pocket. We just have to find them.