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How to Choose a Bank or Credit Union Using Mind Mapping
By plrprousers | March 11, 2010
In today’s economic climate, choosing where to put one’s money is becoming an increasingly important consideration for many. Many banks have emerged in the media as being less than trustworthy, prompting a large number of individuals to consider switching to other banks or credit unions. For those looking to make this switch, or for those simply looking to open a banking account for the first time, Mind Mapping can be an incredibly useful tool for deciding which institution will best serve their needs. The advantage of Mind Mapping for choosing a financial institution lies in its highly visual and spatially constructed format for organizing information. With Mind Maps, one can literally “map out” all the offered features of multiple institutions and compare them against one another in one diagram, using colors, pictures, or other graphics as desired. Organizing information in this manner has been shown to allow the brain to process and recall the information more naturally, as well as allow one to work with the information more efficiently. Thus, Mind Mapping offers those looking to move their money, or even those beginning the process of saving their money, a creative and effective way to choose the best bank or credit union.
Using Mind Mapping to Choose a Credit Union
Fed up with the fees and restrictions of large banks, a couple has decided to move their money to a local credit union. They live in a fairly large metropolitan area, and realize that, as a result, they luckily have several options from which to choose. Deciding that Mind Mapping will be the best tool to help them with their selection, they construct a Mind Map of the various options they need to consider. They begin their Mind Map by, first, representing the purpose of the map, choosing a credit union, in the map’s center. They then add branches to the map, on which they list the different credit unions available in their area. On child branches attached to the branches, they then list the checking account types each credit union offers. On twigs that are attached to the child branches, the couple further lists the features of each account type. Throughout their Mind Map, they use colors, images, and other graphics to make their map more visual and their options much easier to conceptualize. Once their map is complete, it may look similar to the attached Mind Map diagram.
Finding a Credit Union That Serves Their Needs Using Mind Mapping
The couple has finally settled on a credit union that they feel will serve their needs. Arriving at this decision took some time, and careful consideration, but, they feel, the time and consideration was worth it. The Mind Map the couple constructed made it incredibly easy for them to compare the options for credit unions and bank account types to one another — much more so than if they had used a traditional list or Internet searching to do so. The couple now has financial peace of mind, knowing that the money they have worked so hard to save is in the hands of the institution they deem most worthy.
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