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Comments about ‘Photo gallery: Students learn the ABCs of saving’

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Published: Sunday, April 13 2014 9:52 p.m. MDT

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My2Cents
Taylorsville, UT

Knowing the criminal intent of the banking industry I would bet that these directors and bank managers are "not" teaching these students about income management and transferring any of their take home pay directly into a cash savings account. Banks must convince the innocent children to absorb and live on debt or the bank will become insolvent because they can't afford to have our children not surrendering tier entire income to debt.

A banks idea is to spend all of their line of credit debit cards is their idea of saving. Saving by the banks definitions is cash rewards for spending their 103+% of gross earned income and the cash rewards will reduce the cost of "future" purchases plus another 103% of their gross incomes. Cash rewards is what they call saving. Spend $2,000 to get $2 back after tax purchase.

A line of credit interest bearing saving attached to a prepaid debit or credit overdraft protection account entraps more people into debt. Do not go to a financial adviser or bank representative to learn how to save, ask some one who is saving and how they are doing it.

NedGrimley
Brigham City, UT

Because Zions Bank knows who keeps them in business....

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