You may want to take a closer look at your bank’s fee schedule next year — particularly if you’re working with a smaller bank or lender.
Last week, the Wall Street Journal reported that small lenders, including regional banks and credit unions, are cautiously increasing the fees they charge on a variety of services in order to make up for lost revenue.
Say you are out having dinner with friends when the waiter brings back your debit card, shaking his head and asking if you have some other way to pay.
How embarrassing. What is it worth to avoid the inconvenience of having your transaction declined because your checking account is a bit light? A new report from the Consumer Financial Protection Bureau spells out how costly it can be; here’s how to tell if your bank’s overdraft protection program is a useful convenience or an expensive trap.
I am back from my trip to Costa Rica, and I had a great time despite the fact that I returned to a week of intense jury duty. As I always do when I travel, I enjoyed observing how money is handled differently. From a lack of credit card acceptance to massive coins, things definitely operate differently abroad.
Learn about some of the many differences I observed between the way day-to-day finances are handled in the U.S. versus Costa Rica. Plus, read my roundup below of my 10 favorite personal finance blog posts from the past week!