I was having a conversation with a friend of mine that I need to share with you. She currently has 3 bank accounts spread out among 3 different banks. Because of a new fee structure, she is looking to consolidate. Her decision is between Bank of America that she's been with forever, a local bank …
Banking
I Love Bank of America And Their New Fee Schedule
When you read this title you probably thought I was being sarcastic, but I wasn't. I know a lot of America is outraged over Bank of America's announcement this morning to revise their fee schedule, but I'm not jumping on the bashing bandwagon. I happen to love what they're doing. Remember roughly …
CD’s are for Hypocrites
I would venture to say that there are two investment products people learn about before any others - Stocks and CD's (Certificates of Deposit). Assuming most people learn about these two options when they're young, I would think the way they were explained was elementary. Something like: Stocks are …
Does Size Matter?
It’s an age-old question. Women dream it, while men dread it. Even though the answer is known, the question continues to be asked. Does size matter? When we’re talking modern-day business – size certainly matters. Our economy has always placed an emphasis on growth. More and more, bigger and …
Online Loans: The Good, The Bad and The Ugly
With the advent of the computer and the internet, it has become possible to sit at home and shop. Although it is very convenient, it is also fraught with danger. Less hassle: Apart from the purchasing of physical items, online loans are also available. You don't have to go into the bank and stand …
How To Make Your Bank Account Overdraft-Proof
Overdrafts occur when you write a check, use a debit card, or make an automatic bill payment without having adequate funds in your account. The bank may or may not cover the purchase amount (and probably disclosed their policy upon opening the account), but you are left with overdraft fees …
US Government Lays Off 30,000 & Charges $5 Fee
Bank of America announced it will begin charging certain checking accounts a $5 fee for debit card usage. They are actually late to the party as other larger banks (Wells Fargo, Suntrust, Chase) have already announced they’ll be giving away feebies. Most consumers will immediately become outraged …
