Some Bank of America customers in Georgia must decide just how badly they enjoy getting monthly account statements in the mail—because the fee for this basic service has gone from $0 to $8.95 a month.
“10 years ago, there weren’t many other choices for banks. Like a short, fat guy with no social skills, you took what you could get. But now, things have changed, and our short fat guy has turned into a prince with lots of options.”
“The trick is to just make sure you’re not spending a lot of money on stuff you don’t use or appreciate very often.”
If you’ve got a mortgage of $1 million or above, you’re significantly more likely to be delinquent with payments compared to homeowners under the $1 million mortgage mark. Why are the wealthy falling behind or walking away from their mortgages? “The rich are different: they are more ruthless,” says one economist who helped compiled the data.
On the morning of the Fourth of July, an incident occurred in my kitchen that first caused me great aggravation—and that later, after I’d had a cup of coffee and could view the situation with some perspective, gave me reason to smile and give myself a little pat on the back. So what happened?
Also: Is it better to invest or pay off your mortgage early? Is Hulu Plus worth the $10 a month they’re asking for it? Are you paying too much in property taxes?
Also: stuff you should never pay for, including certain insurance policies, brand-new technology, checking accounts, and ridiculous plastic surgeries. Cankle liposuction anyone?
Having a job may cause you to gain weight. Not having a job may also cause you to gain weight.
Recent reform measures that restrict debit-card overdraft fees and tighten credit card regulations are expected to save consumers as much as $5 billion this year. No one expects the banks to sit back and do nothing while once-easy revenue streams dry up, and the speculation is that one tactic banks may soon bank on is the reintroduction …
Neither getting a job in today’s economy, nor retiring after the portfolio-busting Great Recession, is an easy task. They’re both especially difficult to accomplish if you’ve made silly, shortsighted mistakes through the course of your quest. One quick tip: During a job interview, it’s probably not a good idea to answer your cell phone …
When Bank of America eliminated announced it was eliminating debit card overdraft fees, many observers were puzzled. Why would BoA give up such a big money-making scheme entirely, rather than simply tweak it to fall into line with new regulations regarding overdraft protection and fees, like most other banks are doing? And, more …
“One needn’t necessarily be a liberal-arts graduate to regard as distinctly and speciously utilitarian the idea that higher education is, above all, a route to economic advancement.”