The 3 Certainties in Life: Death, Taxes and Bank Charges
Tuesday, January 3rd, 2012 
How to save on banking costs Whatever you do in or with the bank costs you money, from talking to a teller to withdrawing a large amount of cash. Agreed they are all petty charges but add them up and you will see the big picture. Even getting your statement printed on a sheet of paper costs you these days. Sometimes I think the bank has forgotten that it is in business because its customers keep their cash there! New fees Thinking up new fees is the bank’s money-raising strategy which brings in an estimated $12 billion a year. Yep, the banks are having a rough time but that doesn’t mean that you have to pay for it. Bank fees are here to stay, but heres how to avoid some of them: Understand the fees A study by the Pew Charitable Trusts found that disclosure documents averaged 111 pages long. The Consumer Financial Protection Bureau is being pressed to require banks to publish a one-page disclosure of all fees. But d Read more…