Good banking habits can save thousands of shekels and help you gain better control of your money. In this chapter, we will learn how to choose a suitable account and services, reduce fees, use credit without falling into debt, track expenses, understand bank statements, avoid scams, locate forgotten money and manage Israel's Saving for Every Child (Hisakhon LeKol Yeled, חיסכון לכל ילד) program correctly.
Learn how to choose the right bank account and potentially save thousands.
How to identify unnecessary bank fees and stop overpaying.
Learn how to use credit cards wisely and avoid tempting but expensive traps.
How to escape the quiet overdraft debt trap.
Tools that help you track money, identify unusual spending and manage your budget easily and wisely.
How to uncover the true story of your money.
How to recognize financial scams and avoid the trap.
How to find money and accounts you may have forgotten.
Everything you need to know about your child’s savings plan
View all guidesThis article is intended mainly for people who manage their investment portfolio themselves—for example, through an independent trading account at a bank or investment house—and buy ETFs, index-tracking funds, shares, or bonds themselves.
When we say that a share is “traded on the stock exchange,” it is easy to think that all of the company’s shares circulate freely in the market. In practice, that is far from the case.