{"id":2417,"date":"2023-08-29T11:52:51","date_gmt":"2023-08-29T15:52:51","guid":{"rendered":"https:\/\/www.bu.edu\/smartmoney\/?page_id=2417"},"modified":"2023-11-17T16:32:47","modified_gmt":"2023-11-17T21:32:47","slug":"banking","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/smartmoney\/manage-your-money\/banking\/","title":{"rendered":"Banking"},"content":{"rendered":"<h2>Bank Strategically<\/h2>\n<ul>\n<li>Consider whether you want to put your money in a bank or a credit union. But first, you have to <a href=\"https:\/\/mycreditunion.gov\/about-credit-unions\/credit-union-different-than-a-bank\">understand how a bank is different from a credit union<\/a>.<\/li>\n<li>Establish a <strong>checking account<\/strong> that offers features that fit your needs. Consider convenience, minimal fees, and the availability of student discounts.<\/li>\n<li>Establish a <strong>savings account<\/strong> for unanticipated expenses and emergencies. Get in the habit of making regular deposits, even if they\u2019re small; think long and hard before making a withdrawal.<\/li>\n<li>Sign up to <strong>direct deposit <\/strong>your paycheck to your checking account. Spend money only as you need it; transfer any unused funds to your savings account.<\/li>\n<li><strong>Automating your bill payments<\/strong> can help you avoid late fees and the potential of damaging your credit score. This will ensure you won\u2019t forget payments. Just check to be sure your payments go through.<\/li>\n<li>Many banks and credit unions offer <strong>free credit (FICO) score monitoring<\/strong>. See if that&#8217;s included with your account.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bank Strategically Consider whether you want to put your money in a bank or a credit union. But first, you have to understand how a bank is different from a credit union. Establish a checking account that offers features that fit your needs. Consider convenience, minimal fees, and the availability of student discounts. Establish a [&hellip;]<\/p>\n","protected":false},"author":1195,"featured_media":0,"parent":2357,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/pages\/2417"}],"collection":[{"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/users\/1195"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/comments?post=2417"}],"version-history":[{"count":6,"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/pages\/2417\/revisions"}],"predecessor-version":[{"id":2729,"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/pages\/2417\/revisions\/2729"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/pages\/2357"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/smartmoney\/wp-json\/wp\/v2\/media?parent=2417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}