5 rules of thumb on: managing your bank account

  Switch to a fixed monthly fee fee plan Savings potential: tens of hundreds of shekels per year Important information: The banks offer commission tracks in which the monthly payment to the bank is fixed. Each bank has a “basic commission track” and an “extended commission track” and the bank may offer an “expanded plus […]

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Who are we? Paamonim’s website is an open and online database on family economics; The purpose of the site is to provide you with general information on issues related to responsible financial conduct and to give you direction and ideas for action. The content on the site includes articles, stories, tools and calculators, a Q&A […]

Guide to opening a bank account

Most people use a current account for their day-to-day financial management. The bank account allows: Receive money from a variety of factors, such as salary from an employer and allowances from the National Insurance Institute. Keep the money without fear of its disappearance or theft. Pay by Direct Debit, bank transfer, credit or debit card. […]

Guide to managing your bank account

Your family’s most important financial enterprise takes place right here in your bank account. If we compare the management of our family bank account to the financial management of a business, we will emphasize the importance of managing the account as ‘initiators’ rather than ‘trailers’. A well-managed bank account gives you an up-to-date picture of […]

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