We know how to do it. Why do we need to write it down? Maybe you don’t. Not every recurring task needs a formal standard…
Author: Tom the Banker
We see an opportunity. Do we need a new product? Maybe. But “new product” shouldn’t be the starting point. Organizations naturally get excited about building…
We have plenty of data. How do we know which numbers actually matter? Start with the decisions. Organizations often build reporting in the opposite direction.…
We have good people. Why would we bring in someone from outside? Because sometimes the problem isn’t the people. It’s that nobody has enough capacity,…
The numbers are off. Is the product the problem? Maybe. A product missing its growth target doesn’t necessarily mean the product is bad. And a…
Where is the money actually leaking? Business bank fees have a way of becoming invisible. An account gets opened. Treasury services get added. Pricing gets…
The bank got it wrong and nobody will help me. Now what? When something goes wrong at a bank, the natural response is to call…
My CPA reviewed the books. What else is there? A quality of earnings report starts from the seller’s records. Bank and merchant statements start from…
We’re frustrated with our bank. Should we move? Frustration with a bank is often a symptom of a service model mismatch, not a pricing problem.…
Why can’t I tell what my processor actually charges me? Because the number on your merchant statement isn’t really one price. Every card transaction involves…
Unlock Your Financial Potential: Your Path to Financial Freedom Starts Here!Welcome! I’m Tom the Banker and I welcome you to my website, where my team…
Life is filled with unexpected twists and turns, including major financial life events that can profoundly impact our financial stability. Whether it’s marriage, buying a…
Your attitude towards money influences how you view and manage it. To achieve financial well-being and empowerment, developing a positive attitude towards money is crucial.…
Savings and emergency funds are the building blocks of financial security. They act as a safety net during times of uncertainty and provide the foundation…
Negotiating skills are invaluable in many areas of life, especially when it comes to financial transactions. Whether it’s buying a car, negotiating a salary, or…
Financial decision-making is a skill that influences every aspect of our lives, from daily expenses to long-term investments. Making wise choices with our money can…
Credit plays a crucial role in today’s financial landscape, influencing everything from getting a loan to renting an apartment. Understanding your credit report and score…
Debt can severely impact your financial well-being and make it difficult to achieve your financial goals. However, with the right strategies and self-motivation, your debt…
Budgeting and expense tracking are important pillars of effective financial management. They provide a clear picture of your financial situation, help you control your spending,…
Investing can be an effective way to grow your nest egg and provide financial security. However, many do not invest in certain investments as a…
Setting clear financial goals and creating a solid financial plan are essential steps to financial success and security. Whether you’re saving for your dream vacation,…
Money plays an important role in our lives, affecting our well-being and security. However, for many people, financial anxiety can overshadow their financial journey. The…
When should someone consult a financial advisor instead of a financial confidence coach for their personal finances? Having the help of a financial advisor or…
Property fraud, mortgage fraud, and title fraud (a.k.a. house stealing) are becoming a big problem. So-called title lock insurance came into effect because of this growing area of fraud specifically targeting the elderly, or anyone else who may have equity in their property.
Here’s typically how the title fraud occurs:
In the event of your death, your assets within your estate will need to be distributed to your rightful heirs. According to the terms of your will, those whom you designate to receive your assets will find out who will get your stuff after you die. To ensure your wishes are carried out, you will need to select a person you trust to handle your estate’s administration, who will be known as an executor.