Debunking Basic Banking Lingo: Terms You Need to Know - Isn’t That Rich Podcast | Episode 7

POD, APY, DDA.... There are so many acronyms used in the banking industry, it’s no wonder banking feels intimidating to the average consumer! Personal bankers use these acronyms in their everyday vocabulary, but if you’re not from the banking world, they may sound foreign to you. Today we’re going to be debunking all the basic banking lingo and teaching you how to speak the complex language of banking! So, the next time you walk into a bank and your personal banker starts throwing around one of these acronyms, you’ll know exactly what they’re talking about and will be able to respond with confidence.