Today’s guest post is from a new-ish blogger: The Spunky Banker! Take it away spunky 🙂
I started my first “big girl job” close to 3 years ago. At that time I didn’t have debt other than my auto loan. When I first started I didn’t take my job as seriously as my co-workers. I was 21 and I didn’t know if I wanted to be in banking forever, it was my first teller job and it could be overwhelming at times.
A good 45% of the customers at my bank are seriously irresponsible with their money.
I’d see people get their U.S. treasury checks on the 1st of each month and by the 6th it would be gone. Either it was gambled away, spent on shopping trips, or at the liquor store.
Other’s would come in to the bank and dip in to their children’s savings account, take out all but the minimum balance requirement and then use that money for themselves. It always rubbed me the wrong way and I wish I could have given those people a piece of my mind.
A pretty good portion of older people would come in and ask “My account is negative but I need to pay some bills. Can you please let me into my overdraft?” When you would pull up their account history, you’d see that they got their check on the 1st and it was pretty much ALL spent at the casino in a couple of days. I wanted to say, “Maybe you should have taken out your bill money first.”
I quickly realized I didn’t ever want to be like these people. I wanted to always keep my finances in order, have money to buy things that I wanted, and save money for my future.
Soon after I started my job, I refinanced my car because it would drop my interest rate from 5.95% to 3.5%, which would save me money, plus if my loan was held at the bank where I worked then I could always check on it to make sure I was on time and see my interest/principal information. I was in pretty good shape for a while…
Then “life” happened and I found myself in credit card debt. It was stressful!
Around that same time, I started reading blogs about debt repayment and living frugally and I was hooked. I loved hearing how people worked out their budgets, what methods they used, and how they saved money here and there. I would read about IRAs or CDs on a blog and then I’d go and research how they worked and their rates. I would talk to people at my bank who knew more than I did and just learn everything I could.
Constantly wanting to learn more about banking products, how they work, and how they could be put to use for me and my customers was not for nothing. I quickly became the top producer of 2013 and was awarded with the title “Banker of the Year,” and with that award came a pretty sweet cash bonus.
My customers trusted what I told them because they knew that I wouldn’t try to get them to do something that was not going to benefit them in some way. I got a couple of raises around that time and that just pushed me to continue my pursuit of knowledge. It’s a great feeling when my friends want to know my opinion about their finances, or ask me how they could change something to save them more money or make them more money.
Looking forward, I hope to continue my career in banking, move up in the company, and learn more so I can keep helping people with their finances. Because really, who doesn’t like to have money saved up?
Spunky is 24-year-old banker who is blogging her way out of debt with a little spunk, while trying to advance her career and still have a good time.