Save MONEY.....by CUTTING unnecessary thing...

All the service we have on our main bank account are free. If we need to take money out of the bank and we are not near our banks ATM, we use our savings account because that bank refunds all bank fees from an ATM withdrawl at the end of the month. We are cutting back though. The husband and I were discussing tonight about getting 100% rid of our cable box AND our home phone (I had it installed so I could get a call center job and that fell through). If we do that we will save something like $95/month. We are also talking about cutting down our family membership to the gym to just a 1 person membership to save us $80/month.

I wouldn't spend the money either. If you need cash go to a store and pay with debit many stores here are glad to give you some cash back and you don't get hit with the atm fee. Some of the smaller places charge for things like checking ect where other's it's free.

That's a right move, ryanong. Those unnecessary services that makes you pay them, should be eliminated. They are just adding up the money that will be deducted from your account balance at the end of the month, so you might as well cancel them.

Well, I'd say you've made ??the right choice. Instill because "gift" of extra money to the bank? do not you think that your bank will have enough already, as it earns on everything? It earns for every movement we make with our money. This happens also in Italy! I can tell you with certainty even if I do not have a bank account, but from what have my dear parents! Good choice, save money, okay So we start to cut away the unnecessary costs!

do u remember how not too long ago many back were needing help to pay for things? it makes me wounder with the so many fees backs have for their costumers why would they need more help from the government??? i dont think banks should charge for soo much stuff and interest..i understand that banks need to make money and everything but they dont really have to charge such crazy withdrawl fees. over here they charge 4 dollars to withdraw money from an ATM. its crazy! i think thats the smart way to go. pinch ur pinnies and streatch that dollar!

You did the right thing to cancel all those unwanted services, make sure that you activate the thing that you need the most. hahaha that is how the bank earn money from people, they said they will give us interest if we save money in the bank but they also charge us with monthly fee for administration, atm card, etc. Didn't your bank need your confirmation before activate the services like sms banking, internet banking, etc? Here in my bank when I open my bank account, I was asked which service I want to use whether I want to use atm card or not. If i use atm card I will have to pay monthly fee IDR 4000 (40 cents in US dollar) and if I dont want to have atm card I will have to pay IDR 3000 (30 cents). My bank doesnt charge a lot because it is owned by the local government, but this bank doesnt have internet banking service. But in my previous bank, they dont charge for internet banking or sms banking the monthly fee that I have to pay is $1 (i dont how much is the fee now, I closed it since years ago lol), but that was all for the whole services. Maybe you need to compare the bank with other bank, check which one give good service but doesnt charge you a lot.

You made the right move. Banks usually create so many services in order for them to earn money. It's crazy, sometimes you people lose their money on banks because of service fees.

Bank fees can add up. I recently closed a chequing account for my business i closed. No sense paying fees for it to be open and unused.

Hi Ryan, you are doing the right choice by making this move. Indeed, everyday bank is making huge of profit by charging their customer with many types of charges. That's why, i always very careful and select only the types of account which suit me. I make sure that the package which i choose don't burden me with unnecessary charges. Hope you are making the correct choice and don't get burden by unnecessary charges from the bank anymore. Lets start saving for the future...

That is one reason why banks are increasing today. Like in our place, almost every corner street there is a bank. Sometimes I wonder if they really earns but now I new the answer. Banking is a very lucrative business because every transaction they made means earnings. Also the interest earn by our deposits become lesser and lesser which is good for the bank because they benefited more. It's good you have cancelled the unnecessary services given by your bank which to me is a good step to save money.

some information like sms is necessary. as u can save from any big fraufd of big amounts withdrawal. Some charges should not be taken by bank like passbook entry and cheque book etc.

Banks really are making money big time from all the fees and charges they charged to customers. I'm happy that I finally find a bank account with zero monthly fee as long as I have direct deposit for my salary. But I still have to be careful as they have other charges such as using the teller instead of ATM, using other bank's ATM, overdrawn, etc, etc...

u did a right action. sometimes if we don't monitor our bank accounts the bank are just charging us any charges without our knowing, that is why i always checking my account.it's supposed to be free because it's part of their services.