Old School Banking a Better Way
Labels: Banks, finance, opinion 0 RepliesBack in the day, when I bounced on my grandparent's knee and the price of gas was a dime. Banks were not an option they'd consider.
Back then, old school country folk didn't trust banks. Yes, they'd stash their hard earned nickels and dimes in an empty coffee can and hide it under a floor board or under the bed or, if they had paper money, they'd stuff the mattress in the guest bedroom.
Now, in this new millennia, it seems the hard working Americans, those of us who get our hands dirty from back breaking work, will have to resort to our grandparents way of banking.
Now, the banks want to charge another fee. This fee is a charge to customers for using our own money.
Bank of America is now charging $5 to use their debt card monthly while Wells Fargo and Chase are testing a $3 fee monthly for the same service
All the while, the Board of Directors and Stock Holders are lining their pockets and still enjoying their plush lifestyles.
My advice to all of us, start stuffing your mattresses and keeping old coffee cans, this way we'll keep some of our money from the greedy well-to-dos.
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