Shrink the potential of financial burden by preparing for the unexpected
Brought to you by Bank of Hawaii
Life has a way of surprising all of us with the unexpected. Whether it’s a natural disaster, or home repair you’re not anticipating, we can’t always prevent the unfortunate from happening. However, there are things we can do to protect ourselves ahead of time. HI Now host Jobeth Devera is with Matt Emerson from Bank of Hawaii to provide more insight on the subject.
If you have the right plans in place to prepare for the unexpected, you can minimize the disruption in your life and help shrink the potential financial burden. You never know where or when you’ll need to access your financial accounts, so it’s a good idea to sign up for your bank’s online, mobile and remote banking options. These days, nearly all banks offer a broad range of banking solutions that aren’t tied to their physical branch locations, so when the unexpected happens, it’s reassuring to know that you can handle much of your banking from your phone or web browser.
Online banking makes managing your accounts very convenient, allowing you to check your balance, transfer money between accounts, pay bills and update your contact information. Keeping your contact information updated with all of your accounts is also an important part of any preparedness plan.
Once you have your online account set up, you can also use your bank’s mobile app, which gives you the ability to manage your accounts anywhere, anytime from your phone or tablet. One really handy feature is being able to deposit checks simply by taking a picture of them.
Most financial institutions offer many banking services over the phone, although it’s important to keep in mind that your bank will never call you directly and ask for your account passwords, Social Security number or other personal, private information over the phone. They may ask you to confirm your identity when you call them, but your bank will not call you and ask for that information.
For more information: boh.com, or on Facebook, Instagram and Twitter: @bankofhawaii