Road to Rich-7 Keys of “I Will Teach You to Be Rich” from Ramit Sethi (vol.15)

1. Fundamentally, banks earn money by lending the money you deposit to other people.

2. The bank makes a huge return on its money for simple arbitrage.

3. People still stick with the bad banks.

4. Consider three things that are convenient, cheaper, and offered when you choose a bank.

5. Checking accounts is the backbone of your financial system.

6. Check the accounts by using debit cards.

7. Consider your accounts like an e-mail account.