Tag Archive: Banking

Bank of America’s New Fee is Yet Another Example of Congressional Ineptness

Sometimes when I read Congressional Members’ rationale for certain bills it makes me literally want to rip my hair out of my head.  Luckily I refrain since I am the only one of my brothers with hair left.  It is ridiculous that no one seems to learn the law of unintended consequences. A Company exists…

The Banking Technology Revolution Has Made me a Great Customer

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I think it is because I completely romanticize the idea of a credit union.  I imagine walking into the bank and being known by the employees. I imagine asking for a car loan or mortgage and practically have the best rate in the country shoved in my face.  I imagine savings/CDs rates that are double…

I Have No Idea Why But I Feel the Need to Prove Myself to Retailers

I was having a conversation with The Wife the other day and she blatantly called me out, telling me that I may have problems.  I am well aware that there are things I just don’t “get” but at least this one is internal struggle.  At my bank (national TBTF Bank) when there is a long line,…

Basic Financial Terms for Children and Teens

College Tshirt

The Wall Street Journal just published an article titled, “Three Financial Terms Kids Need to Know” by the Yoder et. al., and while I usually love the personal finance section of the WSJ this article was simply ridiculous.  The article provides a series of obviously and painfully fake interactions between the Yoder Pops and Yoder…

Is Overdrafting Your Checking Account Worse Than Getting a Payday Loan?

Overdrafting Your Checking Account is Worse Than Getting a Payday Loan Hypothetical question: Your bills are due and your car needs gas, but your bank account is empty. You need to borrow $100 for 2 weeks. Your options are: Overdraft your checking account, once, at a Bank of America ATM Run up credit card debt…

Bank Fees are on the Rise

What where you get your Cash!

Unless you have been living under a rock for the past year or so, you have been hearing about the bank crises and how almost every bank needs cash (and quickly).  So I guess it is not surprising, that bank fees are rising and if you don’t watch out you may get hit with an…