8. Checking, loan, and other banking fees
: Not paying interest on your checking account is bad enough. But now banks want you to pay – often upwards of $100 a year – just to have an account. Want a paper statement? Not long ago that was your only choice. Now it will cost you. Why should you pay to use an ATM, even another bank’s? You’re saving the bank money, not costing them. When you use the automated checkout at the grocery, they don’t charge a fee. Banks shouldn’t either. Workaround
: There’s no reason to get slapped around by any bank. If you hate yours, ditch it. Credit unions typically charge lower interest on loans and credit cards, pay more interest on savings, and have lower overall fees than banks. Think they don’t have enough branches? You’re probably wrong. Many credit unions belong to a shared branch network of nearly 5,000 locations that allows members of one credit union to conduct business at any other member credit union anywhere in the country – even overseas. And when it comes to finding the nearest participating credit union? Yes, there’s an app for that
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: 7 Ways to Radically Reduce Your Restaurant Checks 10 Money Mistakes That Can Ruin a Marriage 21 Things You Should Never Pay For The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.