Mobiloans prepared a neat infographic to explain its users (and the wider community) how to completely digitize their finances. Their point is simple – since paying bills is done virtually and direct deposits go right into your checking account, going to a bank is becoming nearly obsolete. Heck, you can do many things with nothing but your mobile phone. For instance, you can use your smartphone to get paid and pay others, as well as for budgeting and financial planning.
With pretty much every major bank having its own mobile app, there’s really no reason to visit banks any more. Except if you need some kind of personal advice or something. Check out the infographic below and see how it all comes together…