025 - Rachael Ela- Maintaining a Healthy Financial Balance - a podcast by KT & C-Suite Radio

In this episode, KT and Rachael Ela discuss:

Banking feesThe cost of not paying attentionBanking in 2018Properly using overdraft protectionKey Takeaways:The FDIC now requires banks to track what people are spending on banking (the first quarter of tracking totaled to 7.4 billion dollars spent)If you're writing a check or making a payment, you need to have that money in your account at the time of the paymentOverdraft protection is a credit line — it's something that automatically sweeps over when you need itIt's important to look at your accounts/statements and see if you're using your accounts properly 
"The financial system, in general, moves a lot faster than it used to last year, five years ago, and definitely twenty years ago." - Rachael Ela 
About Rachael Ela:  Rachael Ela is the Vice President and Branch Manager of Optima Bank&Trust, working in the Stratham, NH market. She has over 18 years of banking experience and has spent the last seven in the New Hampshire market working with local business owners, municipalities, and nonprofits. Rachael currently serves as Chairwoman of the Exeter Area Chamber of Commerce, a board member of the Exeter Society of St. Vincent de Paul Community Assistance Center and is a Past President and Paul Harris Fellow of the Exeter Rotary Club. She is a graduate of the New England School of Financial Studies at Babson College and resides in Exeter. 
Reach Me Here: Rachael ElaBusiness: Optima Bank&Trust
Website: www.optimabank.com 
Reach Me Here: KT ThomasConnect with KT Thomas: https://ktsmoneymatters.com/

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