2024 FINNIES NOMINATION In exciting news, Grow My Money has been shortlisted for the Positive Impact Award the 2024 Finnie Awards hosted by FinTech Australia. We built Grow My Money to create an improved retirement and mortgage future for as many people as possible. So this is really YOUR nomination, and YOUR award! 👉🏻If you want to win this award together with us, please take 1 minute to cast your vote for Grow My Money here: https://lnkd.in/gzETHZkF f And thank you again for all your support #GrowMyMoney #Finnies2024 #impact #positive #changeforgood #sustainable #cashback #wealth #creation
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COMMENT OR DM “bank” Below If you are ready to GET one STARTED or want more information. Check Your Message Request or DM’s for a message from me ✅️ maddie danesh Text “IUL” TO 949-400-8307 #infinitebanking #iul #indexeduniversallife #indexuniversallife #wealthy #wealth #tipsandtricks #realestate #estateplanning #irs #irstaxcode #businesswomen #businessman #businessowner #reels #viral #explore #annuity #401k
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🌟💰 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐒𝐞𝐜𝐫𝐞𝐭𝐬 𝐨𝐟 𝐌𝐢𝐥𝐥𝐢𝐨𝐧𝐚𝐢𝐫𝐞𝐬’ 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐇𝐚𝐛𝐢𝐭𝐬 💰🌟 High liquidity, meticulous transaction tracking, and strategic leveraging are three banking habits that millionaires swear by. This read highlights these key habits and as a seasoned wealth manager, I couldn't agree more. Having access to funds when needed is crucial for financial flexibility and the ability to seize opportunities as they arise. This emphasis on high liquidity is one of the key habits that stood out to me. Millionaires understand the significance of tracking their income and expenses, ensuring that they are not living beyond their means. This disciplined approach to money management is a cornerstone of building and preserving wealth. Lastly, leveraging other people's money to finance purchases while generating returns on their own capital is a powerful tool in the arsenal of millionaires. By strategically using leverage, they accelerate wealth growth and maximize their financial resources. Incorporating these three banking habits can pave the way for a brighter financial future. Let's connect and explore how we can tailor these strategies to your unique financial goals and aspirations. #FinancialWisdom #WealthBuilding #MoneyManagement #BankingHabits #MillionaireMindset Eric Tan Wealth Management Specialist IBF Advanced (Level 3) Source: https://lnkd.in/gR-8_ATE
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Lenders see potential in the wealth channel, targeting historically underallocated investors to expand their platforms and drive growth. #privatemarketinsights #RealEstateCredit #PERECredit #realestateinvestment https://okt.to/AjlgqM
Lenders spy opportunity in the wealth channel
perecredit.com
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When asked how our clients benefit from working with Five Star Bank, Jason Hartmann, SVP, Director of Specialty Finance, said, "Our expertise in the mobile home park, RV park and self-storage asset classes enables us to approach opportunities in an efficient manner. This enables our clients to build and scale their enterprises and meet their obligations to sellers and other counterparties." Five Star Bank is proud to be a true banking partner for our clients. . . . #FiveStarBank #2024 #impact #community #communities #sacramento #sacramentostrong #sacramentoproud #CAforAll #California #CA
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The Cleveland lender sold some $7 billion in bonds at a loss, leading to the fall in the bottom line. Excluding that hit, KeyCorp's profits rose 9%. For daily news and analysis subscribe to the www.paymentspeek.com newsletter. #Payments #Finance #Fintech
KeyCorp swings to loss on $737 million bond-sale charge
americanbanker.com
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How can Five Star Bank support your business?
When asked how our clients benefit from working with Five Star Bank, Jason Hartmann, SVP, Director of Specialty Finance, said, "Our expertise in the mobile home park, RV park and self-storage asset classes enables us to approach opportunities in an efficient manner. This enables our clients to build and scale their enterprises and meet their obligations to sellers and other counterparties." Five Star Bank is proud to be a true banking partner for our clients. . . . #FiveStarBank #2024 #impact #community #communities #sacramento #sacramentostrong #sacramentoproud #CAforAll #California #CA
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Five Star Bank understands your business needs.
When asked how our clients benefit from working with Five Star Bank, Jason Hartmann, SVP, Director of Specialty Finance, said, "Our expertise in the mobile home park, RV park and self-storage asset classes enables us to approach opportunities in an efficient manner. This enables our clients to build and scale their enterprises and meet their obligations to sellers and other counterparties." Five Star Bank is proud to be a true banking partner for our clients. . . . #FiveStarBank #2024 #impact #community #communities #sacramento #sacramentostrong #sacramentoproud #CAforAll #California #CA
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My big concern when interviewed a few days ago for this was that NYCB was having a deposit run since they shared very little about their deposit flows up until the call yesterday morning. They did lose 7 percent of their deposits in a one month span, and thats not nothing, but i am impressed with how their deposits held up overall. IMHO, the very dilutive and transformative capital raise is more than just shoring up reserves and capital for loan losses. One could argue they they already had enough of both even with the well documented multifamily problems prevalent throughout their portfolio. I believe, in my heart of hearts, that this capital raise is as much about restoring confidence to their deposit customers! Remember, after SVB went down last year, it took several months before PacWest was forced into a reverse merger due to cycles of deposit outflows. One more thought. While its great that NYCB and other banks have ensured they have plenty of off-balance sheet liquidity to cover uninsured deposits, its not just uninsured deposits that can flow out. Even insured deposits are at risk of leaving because retail customers sometimes just dont want to take the chance and commerical customers may not want to deal with an unknown headaches in the event of a failure. The good news is that they are on track to survive, albeit with a vastly different management team, board, and shareholder base.
New York Community lands $1B capital infusion led by Mnuchin, Otting
americanbanker.com
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The Cleveland lender sold some $7 billion in bonds at a loss, leading to the fall in the bottom line. Excluding that hit, KeyCorp's profits rose 9%. For daily news and analysis subscribe to the www.fintechpeek.com newsletter. #FinTech #Payments #Finance
KeyCorp swings to loss on $737 million bond-sale charge
americanbanker.com
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Any easy way to earn $500 in just 10 minutes: 1. Open a Wealthfront savings account 2. Transfer your emergency fund from your big bank to Wealthfront 3. Earn 5% interest on your money If you have an emergency fund of $10k, you just earned $500 of interest per year! 🧱 Brick-and-mortar banks like Chase Bank, Bank of America, and Wells Fargo rely on reputation to win your business. 💻 Online providers like Wealthfront and Betterment offer higher interest to win your business. Current Savings Account Interest Rates: ❌ Bank of America: 0.01% ❌ Wells Fargo: 0.01% ❌ Chase: 0.01% ✅ Wealthfront: 5.00% ✅ Betterment: 5.00% You can earn $1 interest per year with a traditional bank, or $500 per year with an online bank. The choice is yours 🤷♂️ Do you use an online bank?
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