We all have to put our money somewhere, but how do we decide the best banking solutions? On this episode we explore whether an online bank is right for you, if credit unions live up to all the hype, and if you do choose multiple accounts how you should organize your money in them. We'll also go through our recommendations for the best banks with no or low fees!

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• that feeling of slight awkwardness and uncertainty about what’s happening next. Sort of how talking about things I am not an expert on makes me feel! Eleanor Roosevelt is quoted to have said ‘do something everyday that scares you’ well - for some of us that’s talking about and/or learning about intricate financial details so you can check that box for the day. Being uncomfortable: it’s less scary when you have your friends with you!Being Uncomfortable:

Notable Notes:

What the Internet has to say:

This article comes from Credit Karma and outlines what you need to look for when choosing a bank

What Jen + Jill have to say:

Consider the following:

Put your money in one of the following:

Pay attention to:

• Make sure the bank is either FDIC or NCUA insured! If it's not insured you are at risk of losing that money.
• Insurance rates; check out the APY rates
• Minimum balances, services fees, overdraft fees, etc.
• ATM fees
• ATM location

More from the Internet:

This article is from The Balance and provides a list of the best no-fee checking accounts for 2020

More from Jen + Jill:

What makes for a good checking account:

• minimal fees
• deposit insurance
• easy access to cash
• mobile deposit
• online bill pay

Recommended Banks:

• Ally - high yield savings and checking, don't need high balance to get good APY
• Discover - can earn cash back rewards with debit card
• Radius - also provides rewards for debit card use
• Simple - has a great (free!) app for budgeting and money management
• Schwabb - unlimited rebates on ATM fees, high yield investor checking account (great for traveling internationally)

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