Withdraw cash, what is your choice?
Convenience store ATMs/banking stores
I usually pass by the ATM machine at the bank and always see people queuing up. Especially in the morning, noon break and evening, the number of people withdrawing deposits is very concentrated. Every time I see people in line, I always say in my heart, "What a waste." Because queuing, which does not produce any value at all, is a waste of time in the eyes of the rich.
But you find that there is no ATM machine in the convenience store, and there are very few people queuing up. As everyone knows, "Time is money", the rich always use their time to the maximum, and spend their time to the maximum extent possible on work, self-investment, and asset use. Therefore, for the rich, withdrawing cash will of course choose the ATM machine of the convenience store. When opening a card at a bank, pay special attention to whether the bank cooperates with the convenience store ATM machine.
When applying for a bank account, the rich also pay more attention to the "handling fee" that occurs when withdrawing money and depositing money. The handling fee is about 100 to 500 yen each time, which may not be much at a time when interest rates are so low. But if you add up to a few million yen at a time, it will be a lot of money in a lifetime. You might be thinking, "Do rich people still care about this little bit of money?" "But if you take it three times a month and pay a handling fee of 108 yen each time, it will be about 40,000 yen in 10 years, and nearly 120,000 yen in 30 years." Therefore, the rich take a long-term view, which is a rather "wasteful" expenditure.
Apply for an account with a nascent bank
"It's close to my family and my company, so I chose this bank." "The company's remittance salary is the bank card used, so it has been used." Many people choose banks for reasons that seem to be no problem, but these ideas will only make you more and more distant from financial freedom.
So what kind of bank should you choose? I personally recommend "Nascent Bank" and "Japan Post Bank". Nasobu Bank has a cooperation with 7-11 convenience stores because it has fewer stores, so it can be used at 7-11 convenience stores throughout Japan. The bank's service is also good, depositing and withdrawing money at the ATM machine of the cooperative convenience store without any handling fees. Although there is a limit to the number of times the fee is waived, the fee can be refunded by logging on to the official website, so it is equivalent to the waiver of the handling fee (January 2015).
The reason for choosing "Japan Post Bank" is that there are bank stores and ATMs wherever you go in Japan, and you don't have to worry if you don't find a convenience store where the bank cooperates.
If you want to become rich, you must learn to choose a bank with a strategic vision.
Answer: To become rich, learn to choose your bank account by measuring "time" and "fees."