Have you seen the 99 percent blog? Regardless of whether you think the banks are part of the problem or if each person is responsible for their own situations, it’s still interesting to see what people are saying. People write down on a piece of paper what their situation is (and they are pretty much all dire situations) and then take a picture of themselves
I was going to take the time to put up a post about what it takes to change banks but Nickel over @ Fivecentnickel.com did a great job! He takes you through, step by step. It’s really not hard at all. You can get your new accounts set up with a new institution (I highly recommend a credit union), and then slowly transition everything over.
I hate spending money on basic necessities like toiletries. It’s just one of those things that you have to do though. As I’m getting older, I’m finding the list of “basic necessities” is getting longer. I have a few different medical conditions that have developed over the last 10 years or so that require specialized “necessities”. I struggle with a very large number of allergies.
I don’t know which side of the fence you sit on when it comes to CEO’s compensation levels. I happen to think most CEO’s are overpaid. Throw as many arrows as you’d like at me but I think a lot of CEO’s could learn a lot from Costco CEO Jim Sinegal. He makes a very good living but he also “get’s it”. Anyway, Business Insider
Starting in 2012, Bank of America is going to start charging $5 per month as a debit card fee. I can’t imagine paying a monthly fee to use a debit card. Just another example of why I’m very happy to have my money at a credit union. There are no fees and I’m getting paid interest every month. http://money.cnn.com/2011/09/29/pf/bank_of_america_debit_fee/index.htm?iid=HP_MPM
You gotta read this. I’m so glad I use a local credit union and that they hold my mortgage. I will NEVER use a commercial, national bank. http://www.businessinsider.com/mark-conca-bank-of-america-illegal-foreclosure-2011-8
Leroy Fick from Saginaw Michigan won a $2 million lottery in 2010. While this sounds great, somehow Leroy is still receiving food stamps to help put food on his table. Why? Well, Leroy took the lump sump payout, bought a new house and a car and then invested the rest. Since his income is based on the amount of investment income he’s receiving from the
For years, I’ve watched the real estate market around my primary and secondary homes. At any one time, I can tell you what’s for sale and what the prices are. Maybe I should have been a realtor because I really enjoy watching the market. I’ve often thought about picking up an investment property to rent out so that might factor in to why I watch
Did I mention I like credit unions? In a breaking news development that should shock no one, a recent study found that many banks do their best to hide their fees (especially now that they are creating so many new ones) and are spending most of their time trying to convince you to open accounts without the information on fees that you should really be
I just returned from the grocery store where I watched a couple in front of me buy $100 worth of groceries with an electronic food stamp card. My blood began to boil when I saw them pull away from the store in their late model Mercedes E350 with temporary plates (meaning they most likely just bought it). Unfortunately I couldn’t get the temporary plate number
