DIY Money Jr - How do Banks Make Money?

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Money, Self-improvement, Real Estate, Business, Investing, Education

4.6 • 858 Ratings

🗓️ 26 January 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Logan and Allie tackle a great questioner from a young listener about how banks work.

Transcript

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0:00.0	Hey, this is Daniel.
0:01.8	Thanks for listening to DIY Money.
0:04.1	If you haven't already, be sure to give us a five-star review on iTunes so your friends know that they can learn from the show.
0:10.6	Now, enjoy the show.
0:15.0	Welcome back, ladies and gentlemen, to another edition of DIY Money Jr.
0:19.6	DIY Money, Jr.
0:21.7	Are we adding the Junior in now?
0:23.1	Well, I don't know.
0:23.7	I just wanted to.
0:24.5	I kind of liked it.
0:25.3	We could use that.
0:26.0	Junior!
0:26.9	What's up, Logan?
0:28.0	You know, it's New Year.
0:30.3	We got some fun things happening around the office and stuff.
0:34.9	But what are you doing in the New Year now that you're inside all the time and apparently not watching movies? Shout out the last episode. But what do you,
0:42.5	what do you been up to? Oh, not a whole lot. Climbing a lot more, which has been really good. I'm starting,
0:49.6	I think I forget when you go consistently how much better you can be. So I leave the gym and I'm like,
0:54.6	I climbed okay today. But then I feel like the rest of the year, if I'm outside half the time,
0:59.7	I'll go like once a week or twice a week and I just feel like I'm learning the basics all over again.
1:05.1	So that's been very fun. So you just climb regularly now? I do. Yeah, I do. And I also started my puzzle. I know we talked about puzzles not long ago,
1:13.3	so I've been working on that. But I'm at, I need some encouragement, to be honest, because
	...

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Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.