From ATM fees to monthly maintenance fees to the infamous and expensive overdraft fee, these fees can add up if you're not careful. Last year, they paid out $32.5 billion in bank charges and penalties.
Not all fees are created equal. Not all fees are bad, either. First weigh the pros and cons and jot down a cost analysis to see if the expense is worth the reward. With careful consideration and budgeting of fees, you can find a way to pay your way to a better financial life.
Even if you are too old to go trick-or-treating, you may find yourself holding a mixed bag this Halloween at your bank. Banks play their share of tricks on customers, but they also hand out some treats.
"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."