Financial Banking

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Financial Banking by Mind Map: Financial Banking

1. Social Healing

1.1. Emotional Baggage

1.2. Past experiences deter future interactions

1.3. Stigma for those that are wealthy

1.3.1. Greedy

1.3.2. Selfish

1.3.3. Dishonest

2. Convenience

2.1. Keeping receipts reflects subconscious mind

2.2. Tangible coins and notes results in less spending

3. Financial Literacy

3.1. Parental

3.2. Personal exploration

3.3. Systemic education

4. Insecurities

4.1. Royal Commission unraveling questionable practices

4.2. Requiring 'clearance' to conduct further interviews

5. Entertainment

5.1. Apps and Board games to engage children

5.2. Banks are 'boring'

6. Investments

6.1. Living paycheck to paycheck embedded in some societies

6.2. Too much effort

6.3. Steep learning curve

6.4. Too many options

7. Gambling

7.1. Dishonest lending from banks

7.2. Exacerbation of social dynamics

8. Trust

8.1. Australia has 'good' banks

8.2. Highly regulated

9. Redundancy of Bank Tellers

9.1. Automation

9.2. Adopted a 'welcomer' job

9.3. Limited conflict resolution ability in managing technical failure

10. Value Creation

10.1. Develop new measurement of value

10.2. Financial health is not easily discussed