Janet Stauble is with the personal finance website bankrate dot com.
JANET STAUBLE: “There’s all kinds of individuals who have their own blogs who are talking about money, creating videos, making info-graphics. You just kind of see personal finance information in places that you wouldn’t expect.”
Miz Stauble says people share things on the Internet that they might not say to their friends.
JANET STAUBLE: “It’s not likely that, you know, you might go to a friend and say, ‘Hey, I paid off one thousand dollars on my credit card today,’ but people write up blog posts about it and they explain how they did it, and how much closer they are to their financial goal, whatever it is.”
Miz Stauble believes that as technology continues to develop, more people will use the electronic banking sites.
Steve Weisman talks about financial issues at Bentley University in Waltham, Massachusetts. He says the more creative the websites are in providing services, the more successful they will be in competing against traditional banks or even cooperating with them.
STEVE WEISMAN: “For instance, SmartyPig, they are not actually a bank, but they are partnered with a bank. And what you’re gonna see is big banks and little banks that are legitimate financial institutions, but not necessarily the most savvy when it comes to computers or the Internet, they will partner up with other companies that may be doing some of the web material and other assistance, while the actual banking would be done through a bank with which it is connected.”
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2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25