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Lets face it:moneymakes most people anxious.
So what should you do if financial stress has reached a fever pitch?
Believe it or not, theres one institution fully equipped to assist: your bank.
This specialized counsel ensures clients feel understood, less alone and better equipped for financial success.
Financial Education
The U.S. financial system is complicated and, as Encarnacion stated, knowledge is power.
This is why many financial institutions provide some form of financial education to explain how the heck everything works.
This could include digital resources or formal classes.
Education can go a long way in building confidence and eliminating your anxiety.
And the option of flexible payments and lower charges certainly reduces stress in the event of a financial crisis.
Hansen explained that many banks offer these year-end wellness checks to review savings, debts, and estate plans.
This can provide a full financial picture in determining what clients may want to fix or do differently.
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