TD Bank’s inaugural Financial Preparedness Report revealed that 44% of Americans think about their financial preparedness daily, but 36% of respondents reported being unconfident that they had enough savings to cover unexpected bills that could arise. While planning for the unexpected can be challenging, it’s essential to start by ensuring that your finances are correctly set up with your banking accounts.
What are the most common and costly mistakes that people make when setting up their accounts? GOBankingRates spoke with banking experts to find out the mistakes that you want to avoid to ensure that your banking setup aligns with your financial goals.
