The Economics of Banking at Every Level of Wealth | How Banking Changes as You Get Richer

Описание: What changes when you go from watching every bank fee to having millions in investments? Follow six stages of banking life in the United States, from covering the next bill to working with a private-bank team and, eventually, a family office.

CHAPTERS
00:00 What changes as your finances grow?
00:41 Stage 1: Covering the next bill
01:31 Stage 2: Paychecks, fees and credit
03:40 Stage 3: Savings and banking relationships
04:41 Stage 4: A dedicated banker and mortgage discounts
06:44 Stage 5: Private banking and borrowing against assets
08:46 Stage 6: The family office
09:14 Deposit insurance and spreading cash across banks

#Banking #PrivateBanking #PersonalFinance