Services Offered by Banks

every year

How often should you review your financial plan with a certified financial planner?

purchasing power decreases

If the rate of inflation is higher than the interest rate on your savings account, what effect does this have?

CPI

The index used to calculate most cost of living adjustments is the _.

hurt lenders

Unexpected inflation will:

global economy, inflation, company performance

What are some key factors that affect the return on investment for securities?

direct deposit, automatic transfers, set up retirement accounts

What are some services banks offer young investors to start saving?

Banks offer both banking and financial services products.

What distinguishes a bank from an outside financial services company?

inflation

What is a key aspect of the global economy that works against you when trying to save and invest?

to maintain long-term deposits

What is one of the main reasons banks should focus on customer service, which is a contributing factor to bank profit?

when you get your first job out of college

When is the best time to start planning for your financial future?