Comments on: Using one financial institution: good, bad, or indifferent? http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/ Moving beyond the basics Wed, 19 Nov 2008 14:59:33 +0000 http://wordpress.org/?v=2.2.2 By: Advanced Personal Finance » Blog Archive » Stay-at-home Parent Needs Life Insurance, Too http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-372 Advanced Personal Finance » Blog Archive » Stay-at-home Parent Needs Life Insurance, Too Wed, 25 Jul 2007 12:05:23 +0000 http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-372 [...] life insurance coverage through our respective employers. We also have life insurance through USAA, where we do almost all of our financial business. When my wife quit, she obviously lost the benefit of life [...] […] life insurance coverage through our respective employers. We also have life insurance through USAA, where we do almost all of our financial business. When my wife quit, she obviously lost the benefit of life […]

]]> By: Money Smart Life » Personal Finance http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-80 Money Smart Life » Personal Finance Sun, 29 Apr 2007 15:01:38 +0000 http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-80 <!--%kramer-ref-pre%-->[...] Personal Finance offers a few pros and cons of using only one financial institution for all of your money [...]<!--%kramer-ref-post%--> Kramer auto Pingback[…] Personal Finance offers a few pros and cons of using only one financial institution for all of your money […]

]]> By: My Current Bank Account Setup To Maximize Interest » My Money Blog http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-75 My Current Bank Account Setup To Maximize Interest » My Money Blog Fri, 27 Apr 2007 07:27:16 +0000 http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-75 <!--%kramer-ref-pre%-->[...] Advanced Personal Finance Says: April 19th, 2007 at 6:37 am [...]<!--%kramer-ref-post%--> Kramer auto Pingback[…] Advanced Personal Finance Says: April 19th, 2007 at 6:37 am […]

]]> By: KMC http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-40 KMC Thu, 19 Apr 2007 19:08:55 +0000 http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-40 I've never used zecco but I've heard good things. I don't think anyone can beat USAA's customer service - in any sector. I’ve never used zecco but I’ve heard good things. I don’t think anyone can beat USAA’s customer service - in any sector.

]]> By: Bob http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-39 Bob Thu, 19 Apr 2007 16:31:30 +0000 http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-39 I love this post! I use USAA for just about all my financial needs. Yes, they do indeed kick ass!! I too have wondered if it was prudent to put all my eggs in one basket but the bottom line is that USAA has never EVER let me down. The only minor glitch is their brokerage services. USAA's trading fees are very low but it's hard to beat FREE with www.zecco.com and that's why I've started using zecco instead. Wish me luck with zecco because I've seriously been spoiled by USAA. I love this post! I use USAA for just about all my financial needs. Yes, they do indeed kick ass!! I too have wondered if it was prudent to put all my eggs in one basket but the bottom line is that USAA has never EVER let me down. The only minor glitch is their brokerage services. USAA’s trading fees are very low but it’s hard to beat FREE with www.zecco.com and that’s why I’ve started using zecco instead. Wish me luck with zecco because I’ve seriously been spoiled by USAA.

]]> By: samerwriter http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-37 samerwriter Thu, 19 Apr 2007 16:19:49 +0000 http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-37 I agree that there are a lot of advantages to sticking with one institution. My favorite is that, come tax-time, I generally only have to deal with one set of 1099s. By going with a reputable firm (Vanguard), I have reasonable confidence that the forms are correct. We used to have accounts at several places but several years ago we consolidated them as part of an effort to simplify our finances. That was one of the best moves we made. I will, however, disagree with your disadvantage #3, at least in the case of Vanguard. I have found Vanguard to have *exemplary* customer service in their retail division, but I've been extremely frustrated with the service from their small business division. Fortunately my dealings with those bozos have been fairly limited. Vanguard doesn't offer a regular checking account, so we supplement it with a non-interest-bearing local account at a credit union. I prefer having a local physical presence for checking anyway. I agree that there are a lot of advantages to sticking with one institution.

My favorite is that, come tax-time, I generally only have to deal with one set of 1099s. By going with a reputable firm (Vanguard), I have reasonable confidence that the forms are correct.

We used to have accounts at several places but several years ago we consolidated them as part of an effort to simplify our finances. That was one of the best moves we made.

I will, however, disagree with your disadvantage #3, at least in the case of Vanguard. I have found Vanguard to have *exemplary* customer service in their retail division, but I’ve been extremely frustrated with the service from their small business division. Fortunately my dealings with those bozos have been fairly limited.

Vanguard doesn’t offer a regular checking account, so we supplement it with a non-interest-bearing local account at a credit union. I prefer having a local physical presence for checking anyway.

]]> By: Make Money with Ross http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-1170 Make Money with Ross Wed, 31 Dec 1969 17:00:00 +0000 http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-1170 <!--%kramer-pre%-->there those first couple years. We had a lot of changes to make, among them was life insurance. Like a lot of people, both of us get a good bit of our life insurance coverage through our respective employers. We also have life insurance through USAA,where we do almost all of our financial business. When my wife quit, she obviously lost the benefit of life insurance. Having adequate life insurance for a stay-at-home parent is critical. We realized that, though unpaid, raising our daughter was not 'free.' If something were to happen to my wife, I<!--%kramer-post%--> links from Technoratithere those first couple years. We had a lot of changes to make, among them was life insurance. Like a lot of people, both of us get a good bit of our life insurance coverage through our respective employers. We also have life insurance through USAA,where we do almost all of our financial business. When my wife quit, she obviously lost the benefit of life insurance. Having adequate life insurance for a stay-at-home parent is critical. We realized that, though unpaid, raising our daughter was not ‘free.’ If something were to happen to my wife, I

]]> By: Ross Taylor - MySpace Blog http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-1171 Ross Taylor - MySpace Blog Wed, 31 Dec 1969 17:00:00 +0000 http://advancedpersonalfinance.com/is-doing-all-your-financial-stuff-in-one-place-good-bad-or-indifferent/#comment-1171 <!--%kramer-pre%-->there those first couple years. We had a lot of changes to make, among them was life insurance. Like a lot of people, both of us get a good bit of our life insurance coverage through our respective employers. We also have life insurance through USAA,where we do almost all of our financial business. When my wife quit, she obviously lost the benefit of life insurance. Having adequate life insurance for a stay-at-home parent is critical. We realized that, though unpaid, raising our daughter was not 'free.' If something were to happen to my wife, I<!--%kramer-post%--> links from Technoratithere those first couple years. We had a lot of changes to make, among them was life insurance. Like a lot of people, both of us get a good bit of our life insurance coverage through our respective employers. We also have life insurance through USAA,where we do almost all of our financial business. When my wife quit, she obviously lost the benefit of life insurance. Having adequate life insurance for a stay-at-home parent is critical. We realized that, though unpaid, raising our daughter was not ‘free.’ If something were to happen to my wife, I

]]>