State which currency the accounts are in if you also have overseas accounts. I say this cos I’m abroad at the moment using euros as opposed to my usual dealings with the pound.

I started creating my financial network on paper and it’s a great idea. I’m always looking for ways to be prepared financially so this is ideal for any of my loved one because I’m about to graduate in a year’s time plus I’m unmarried, no kids so my family aren’t that much in the loop as to my financial situation should I become incapacitated. I also don’t have a will yet because I’m 20 and trying to be optimistic! As soon as I get a full time job after graduation, believe me, I will write one.

So as I was constructing my map I found it useful to also note which accounts had a card attached/telephone banking. Also whether there was no access or penalties for withdrawing such as with regular savings accounts (UK citizen hence I’m not all that clued up but it’s maybe the equivalent of a CD in the US?). Similar to the idea of bills pointing to the primary bank account I also listed standing orders that come out of that account.

How do you define your primary bank? Sorry it’s a silly question perhaps but I’m not sure how I’d pick mine because I use my ‘primary bank’ for my student account which entitles me to an overdraft but most of my funds are elsewhere in better savings accounts because my primary bank is rubbish for that.

Maybe state where the emergency fund is if it’s kept in an account.

Maybe state which banks you have overdrafts with for emergencies also.

I also named my bank providers. Obviously on your video that thousands of people watch you’re not going to write that much detail but on mine I put the names.

These are just a few things that I was considering putting on my financial network map.

Cheers for the idea. I’m having fun constructing mine.

Great concept, as the primary money manager in the family, this is very interesting to me and is a great way to supplement our current financial documentation. Quite frankly, I don’t currently have interrelationships very well documented, so I appreciate that you identified this shortcoming.

I’d love to hear some discussion on password safes or other ways to securely document account numbers, IDs, passwords or other sensitive data that may need to be handed off in case of an incapacitation.

We really enjoy the site. Keep up the good work.

You can also search for “firewall” (the search box is in the top right corner of the screen) to see the several places Jim refers to his financial account firewall.