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Watch Out Your Bank Doesn’t Screw You “Accidentally”
’Cause mine just did.
If you ask me, the entire banking industry has still not recovered its reputation from the 2008 Wall Street crash.
You know, the crash that nearly brought the global economy to its knees. The crash they made that movie about where Margot Robbie explains mortgage backed securities in a bubble bath. The crash that saw millions laid off, small businesses destroyed, while the U.S. government rushed to save precious giant institutions that were “too big to fail.”
You know, that crash.
Has the banking industry EVER had a reputation that wasn’t ranked somewhere between a sewer rat and rattlesnake? That’s hard to say.
Anyway, a few months ago I wrote an article about how my stupid bank wants to charge me $15 to use my own money. Check it out here:
Basically, my bank changed their policy starting November of this year. In order to avoid a monthly service fee of $15, you must maintain a monthly average account balance of $5,000.
