Personal Finance Zen

BankSwitcher aims to make it easier for you to switch banks, for those times you decide to go with the high interest savings accounts.

The main concern I have is giving out the login credentials to your bank. Of course, I do this currently with Yodlee but I’ve made the decision that they can be trusted because of their affiliation with Bank of America, HSBC and third-party audits. I don’t have anything else to go on with BankSwitcher other than “trust us”.

The FAQ says “Safe and Secure” over and over as if they’re trying to will you into believing it’s safe and secure.

I’ve switched banks twice before and I’m in the middle of the third switch (From Zion’s Bank to Wells Fargo to HSBC and now to Wamu). It takes some attention to detail, which I have, so I’ll stick with that instead of handing my credentials over to an unknown third party.

Do you want to get control of your finances? Do you have good intentions but find yourself sabotaging them with spending?

With the this site, I will teach you the basic principles to manage your finances simply so you can focus on the rest of your life. These principles are not complicated or based on luck or extreme knowledge of the stock market. They are long standing rules that thousands of people have used for centuries to build wealth one step at a time.

This isn’t a get rich quick scheme or a quick fix. You can work at improving your financial situation one day at a time with the tools and information on this site. Eventually you’ll be able to look back and see that your personal finances are all taken care of. It’s a great feeling to stop worrying about money. I want you to have that feeling.

And once your finances are in order you can live relax into a state of Zen.

Here are some guides to help you in the process.

1. Get out of debt
2. Pay yourself first (save 10% of your income)
3. Reduce your expenses
4. Save for retirement
5. Set financial goals
6. Buy appropriate insurance
7. Save for college
8. Create a will