Have you heard of those lists made about kids who graduate high school in a certain year and all the things that are normal to them or things that they’ve never experienced in their lifetime? When I think about lists like this it takes me back to when I was a high school graduate. What did I think was normal or new at the time?
I graduated high school in 2001. I had only had a cell phone for a year and a half. We only had one computer for the entire family. A giant desktop. I only used it for typing papers, AOL chat, and looking up things in the online encyclopedias. I still went to the bank to deposit my checks from my job.
I remember getting my first credit card in college. A Capital One credit card with a $600 limit. I knew building good credit was important, so that’s how I started. One little credit card that I paid each month using a check in the mail. My how things have changed in the past 15 years.
In just 15 short years I went from basically not using the Internet or mobile apps at all, to them becoming an integral part of my
daily hourly life. I didn’t even have a smart phone until 7-8 years ago. I could hardly contain my excitement to get my first smart phone.
I adopted app life pretty quickly. Happy to simplify my life in any way possible. Hello map apps, sayonara printing out directions and the giant atlas I kept under the seat in my car. But the one type of app that I was a little leery of in the beginning was banking. I was so afraid to deposit checks from my phone. I didn’t even like depositing checks into an ATM, it just didn’t feel right. I would literally GO to the bank and deposit checks well after mobile banking was a thing.
After a few years I figured the security was probably fine, and now I literally don’t know what I would do without mobile deposits and online banking. It’s just so easy. Now I do almost all of my banking online but I still appreciate that I can go into a Capital One Bank if I need to chat with someone about my account.
I feel like money and credit and anything related is one of those things that people don’t talk about much in public, when in reality it’s really important to understand. I think we should talk about it more. Educate ourselves so we can set ourselves up for success.
Recently I went to a Capital One event here in DC and I came away learning something really cool that you don’t even have to be a Capital One customer to use. It’s called CreditWise. If you aren’t a Capital One customer all you have to do is download the app to be able to use this.
It gives you your credit score for free, and shows you all of your open accounts, and you can even simulate ways to improve your score or see how something will affect it before you do it, like buying a house or a car. It also sends you email alerts whenever your credit report changes (they use TransUnion®), including recent credit inquiries, delinquent accounts, and more.
It’s great if you are needing to keep on top of your credit for fraud protection and also if you want to try to improve your credit score. It’s always good to understand how it works and how what you might do can affect it. No more of those suspicious free credit reports you get on the Internet!
I’m curious, were you open to digital and mobile banking when it first started? How do you feel about it now?
Photos by Laura Metzler
This post was sponsored by Capital One. All opinions are honest and are my own. I have been a Capital One customer since I was in college, and currently use them for my business, so I was excited to partner with them for this post as they have been an integral part of my life.