Simple Saving Solutions #1- ATM Fees

The easiest way to add extra income to your cashflow is to not let what income you have slip through your fingers. A little planning can save you hundreds of dollars a year just by making a few minor changes to your present habits.

ATM Fees

Have you ever really considered what it costs you to use another Bank's ATM machine out of convenience. The Bank dispensing the funds charges a minimum of $1.25 and your own Bank can add on the same as well for a combined charge of $2.50 no matter what amount you withdraw. On a $20.00 withdrawal to pay your movie ticket you have been charged 12.5% interest. When was the last time your Bank paid you 12.5% to use your money?

By using your Bank's ATM machines even with only 1 weekly withdrawal you can save yourself $130 per year. Whose pocket would you rather line, yours or the Bank's?