As for me and my wife, we just try to live within our means. We don't buy stuff on credit if we know we can't pay for it when the billing statement arrives. We stir clear from anything that incurs interest.. ;)
As I was reading this article, the thought crossed my mind that it sounds as if it was written by a banker. I am a WF customer for one reason only. Convenience.
My biggest "win" when it came to "to do" lists comes from a page from GTD (getting things done)
Best thing ever was changing the to do list into multiple lists for different formats - at desk, on the phone, errands, etc. each get their own to do list.
This reduces the back and forth and thinking through the to do lists, and makes it easier to bunch each task together....
I use a credit union and Chase, but Chase gets most of my business. Chase is especially helpful for my business banking. I get free checks, ATM fee reimbursements, and haven't paid any sort of weird account fee in years. Plus with the great online banking features and technology (like taking a picture of a check with your phone and cashing it electronically) it's hard to do banking with a bank or credit union that doesn't offer those features.
I used to use my credit union for all of my borrowing needs (car loans, mortgage, etc.) because they had better rates, but when we bought a car a few months ago Chase even came in with a lower auto loan rate, by nearly half a percent. I was actually quite shocked by this, but sorry, credit union, I love you, but I'm sticking to who can offer the lowest rate.
Finally, I love the customer service aspect of my big bank. My credit union has very limited hours and virtually no bank by phone options. Also, the few times I've needed customer service they have bent over backward for me. Halfway across the country I was at a non-chase ATM to withdraw money and the ATM didn't spit any money out. But upon inspecting my account online it showed the money was removed from the account. A quick call to Chase and no questions asked, they deposited those funds back into my account immediately.
So, until the bank starts charging me unnecessary fees or treating me poorly, I'll continue to stick with them.
These tips can be applied to almost everything in life; whether they are work related, chores, weight loss, fitness, or just a never ending pile of "better late than never" work (as I like to call it). Prioritizing, and then writing down the steps you will take, or simply what you will do first, second, third, etc. will really allow you to stay on track and cross things off both mentally and physically. Also, voicing out loud what you plan to do will give you that extra push of making sure you get to something that you've been meaning to do.
This is completely false. Credit Unions offer way more ATMs than any big bank does. Why? Because I can go to almost any other credit union and get my banking done with them also. I also have FREE access to the ATMs in 7-11. And I bet there's a 7-11 even closer to you than your branch office. This entire article is a complete joke.
Expensive cars do get higher collision and other than collision rates. The initial physical damage rating symbol for a given model of vehicle is based on cost. That symbol is then adjusted up or down based on experience for that vehicle over time. The cost of the vehicle does not effect the liability coverages.
If you are a female your insurance rate may be higher. If you are single your insurance rate may be higher. This varies by company though. Some companies use rating classes based on age/gender/marital status. A single female of a given age might be charged the most while a married female of the same age could be paying the least.
We moved from Wells Fargo to a local credit union and couldn't be happier.
Our credit union is part of an ATM co-op, which allows us to use 25,000 ATMs across the country with no fees. If we have to use a non-supported ATM and a bank charges us fees, our credit union will refund us the fees we were charged (up to 3 transactions per month).
My grandmother's plain checks (no fancy design) from Wells Fargo recently cost her over $40, which included $10 shipping. Ours cost us $6 with no shipping. We were told by a credit union employee (that used to work at a large bank) that they get their checks from the same place the large banks do (Harland).
Like Nancy, when I was with Wells, I was getting marketing calls and junk mail (identity theft protection service, yada..yada). The difference is that large banks are out to make money and sees us as dollar signs. People are more than that. I love being part of a credit union. It is better for the health of our country and our communities.
K.C: I'd be interested to find out if the government has ever changed the rules like that in the past. While I share your concern about what the government may be capable of the in the future, the alternatives seem equal at best.
Wells-Fargo had one shot with me and they way they handled my refinance was abismal. I will NEVER do business with them or BOA if I can help it. I would much rather work with a regional bank or credit union. They have kicked all national banks in the you-know-where when it comes to customer service.
I left Wells Fargo after a blatantly fraudulant act. Two large checks - neither of them written to or from me - were forced against my checking account within a two day period. When I went to my local branch to deal with the resultant overdraft situation the manager looked unhappy when I waved the the cancelled checks in front of her and told her that I was sending them to the Federal Reserve since it was pretty obvious to me that this was a ploy to hide bad paper. (Growing up in a family of bankers, I knew about unscrupulous tactics used to clean up the books when auditors are due.) The manager tried to blame it on computer error but when I pointed out that a human hand - not a computer - had written my account number on the checks, she gave up on that story. I got a couple months of free checking to atone for the "mistake". I took advantage of the time to open an account with a local credit union, after which I closed all my accounts with Wells Fargo - including a 15-year-old credit card. I've been with couple of different credit unions for almost 20 years now and never had anything remotely odd/shady/illegal occur with any of my accounts. I have truly free checking along with all other online and in-person services that are available at banks (including automated bill payments and competitive vehicle and home loan rates). There are plenty of ATM's available locally. I've never had to pay an out-of-network fee when using the ATM of another credit union when travelling. The NCUA provides the same level of protection against institution failure as the FDIC. And, like Nancy, I appreciate the absence of "partners" sales pitches. Big banks have gotten far too big and too powerful since their deregulation in the 1980's. It was the shady loan practices of big banks - not credit unions -that precipitated the 2008 recession from which we're STILL trying to recover.
Car Insurance Options 2 through 5 are not sold as separate policies. They are coverages added to the policy providing the liability coverage. Collision and comprehensive (other than collision) are sold on a vehicle by vehicle basis.
Collision and other than collision are subject to a deductible. Some companies still sell ACV ($0 deductible) other than collision.
Uninsured / underinsured motorist protection varies by state. In some instances there does not have to be another vehicle involved for this coverage to come into play.
Medical payments coverage may be a good buy even if you have good medical coverage. It can be used to cover the co-pays and deductibles on a hospital visit.
This sounds like a brainwashed customer to me or at least one overcome with the inertia of being a long-time customer of Wells Fargo. Perhaps you can tell us about your relative experience with small banks. Or do you have any? If not, there is no point in writing an article such as this. There is no attribute identified in your list which is uniquely associated with a large bank.
For many years I was a BOA customer and even a stock holder. No more. BTW - my bank waives ATM fees everywhere - no negotiation required.
Everything written here applies to my experience with Chase. However, you guys bring up some really interesting points about the stances these banks take on their customers. At the investment banking level, these banks seem to treat customers quite poorly, which gives me doubt about their behavior at the retail level as well.
Do you trust the government to play by the rules and not tax Roth IRA interest upon withdrawal in the future? Everyone seems to be going Roth IRA. That's going to be a big pot of money just waiting to be taxed. Do you trust the government to keep their hands off Roth IRA interest when it is withdrawn? I don't.
My dream job is to be my own boss with a creative business! I want to financially support myself through selling prints and housewares and maybe eventually have a boutique shop with curated handmade items!
Thanks Thursday! Particularly interested in these tips just now - with a new baby on the way I can vouch that a deadline is a great way to get things done. We've just got a numberplate outside the front door after SEVEN years of meaning too - and it's all because of baby!
We ditched Wells Fargo after 30 years. Why? They wanted to start charging us a monthly fee for checking that we previously received free. It turned out that there was a way around this for us, but the bank didn't make that clear to us until we showed up to cancel the account. In addition, we had begun getting many, many calls from the bank's partners to sell us products and services, always starting out with a thanks for being such a long-time loyal customer. We didn't like that our loyalty translated into lots of dinner-time sales calls. And finally, the big banks have gotten too big--and too avaricious--for the overall good of the economy.
Those are great reasons to like a bank. But I prefer credit unions. At a credit union, you're an "owner" -- *every* depositor is an owner. Fees and minimums for just about everything are lower, too.
Besides, very few credit unions got caught up in the shenanigans that the big national banks did. My mama taught me to not reward bad behavior. I think that means not being a customer of a big bank.
Tried it just a few days ago. The lawn does seem a little greener so far. I thought I was going to have to buy one of those hose end sprayers but found I had several leftover lawn weed killer bottles that just happen to be hose end sprayers that work just fine. The miracle grow solids sprayers did not work right in my opinion because they are filling with water all the time to dilute solids. This stuff is a lot cheaper at the dollar stores. So we have to keep Pabst Blue Ribbon on hand now. Even with those $0.75 beers an application might not even cost me $2 for my whole yard. My yard was just starting to look kind of dead in comparison to the neighbors but now it's looking good.
As for me and my wife, we just try to live within our means. We don't buy stuff on credit if we know we can't pay for it when the billing statement arrives. We stir clear from anything that incurs interest.. ;)
As I was reading this article, the thought crossed my mind that it sounds as if it was written by a banker. I am a WF customer for one reason only. Convenience.
Excellent article, thank you! This will help me actually get to clean out that dreaded garage!
My biggest "win" when it came to "to do" lists comes from a page from GTD (getting things done)
Best thing ever was changing the to do list into multiple lists for different formats - at desk, on the phone, errands, etc. each get their own to do list.
This reduces the back and forth and thinking through the to do lists, and makes it easier to bunch each task together....
I use a credit union and Chase, but Chase gets most of my business. Chase is especially helpful for my business banking. I get free checks, ATM fee reimbursements, and haven't paid any sort of weird account fee in years. Plus with the great online banking features and technology (like taking a picture of a check with your phone and cashing it electronically) it's hard to do banking with a bank or credit union that doesn't offer those features.
I used to use my credit union for all of my borrowing needs (car loans, mortgage, etc.) because they had better rates, but when we bought a car a few months ago Chase even came in with a lower auto loan rate, by nearly half a percent. I was actually quite shocked by this, but sorry, credit union, I love you, but I'm sticking to who can offer the lowest rate.
Finally, I love the customer service aspect of my big bank. My credit union has very limited hours and virtually no bank by phone options. Also, the few times I've needed customer service they have bent over backward for me. Halfway across the country I was at a non-chase ATM to withdraw money and the ATM didn't spit any money out. But upon inspecting my account online it showed the money was removed from the account. A quick call to Chase and no questions asked, they deposited those funds back into my account immediately.
So, until the bank starts charging me unnecessary fees or treating me poorly, I'll continue to stick with them.
These tips can be applied to almost everything in life; whether they are work related, chores, weight loss, fitness, or just a never ending pile of "better late than never" work (as I like to call it). Prioritizing, and then writing down the steps you will take, or simply what you will do first, second, third, etc. will really allow you to stay on track and cross things off both mentally and physically. Also, voicing out loud what you plan to do will give you that extra push of making sure you get to something that you've been meaning to do.
This is completely false. Credit Unions offer way more ATMs than any big bank does. Why? Because I can go to almost any other credit union and get my banking done with them also. I also have FREE access to the ATMs in 7-11. And I bet there's a 7-11 even closer to you than your branch office. This entire article is a complete joke.
Expensive cars do get higher collision and other than collision rates. The initial physical damage rating symbol for a given model of vehicle is based on cost. That symbol is then adjusted up or down based on experience for that vehicle over time. The cost of the vehicle does not effect the liability coverages.
If you are a female your insurance rate may be higher. If you are single your insurance rate may be higher. This varies by company though. Some companies use rating classes based on age/gender/marital status. A single female of a given age might be charged the most while a married female of the same age could be paying the least.
We moved from Wells Fargo to a local credit union and couldn't be happier.
Our credit union is part of an ATM co-op, which allows us to use 25,000 ATMs across the country with no fees. If we have to use a non-supported ATM and a bank charges us fees, our credit union will refund us the fees we were charged (up to 3 transactions per month).
My grandmother's plain checks (no fancy design) from Wells Fargo recently cost her over $40, which included $10 shipping. Ours cost us $6 with no shipping. We were told by a credit union employee (that used to work at a large bank) that they get their checks from the same place the large banks do (Harland).
Like Nancy, when I was with Wells, I was getting marketing calls and junk mail (identity theft protection service, yada..yada). The difference is that large banks are out to make money and sees us as dollar signs. People are more than that. I love being part of a credit union. It is better for the health of our country and our communities.
K.C: I'd be interested to find out if the government has ever changed the rules like that in the past. While I share your concern about what the government may be capable of the in the future, the alternatives seem equal at best.
Wells-Fargo had one shot with me and they way they handled my refinance was abismal. I will NEVER do business with them or BOA if I can help it. I would much rather work with a regional bank or credit union. They have kicked all national banks in the you-know-where when it comes to customer service.
I left Wells Fargo after a blatantly fraudulant act. Two large checks - neither of them written to or from me - were forced against my checking account within a two day period. When I went to my local branch to deal with the resultant overdraft situation the manager looked unhappy when I waved the the cancelled checks in front of her and told her that I was sending them to the Federal Reserve since it was pretty obvious to me that this was a ploy to hide bad paper. (Growing up in a family of bankers, I knew about unscrupulous tactics used to clean up the books when auditors are due.) The manager tried to blame it on computer error but when I pointed out that a human hand - not a computer - had written my account number on the checks, she gave up on that story. I got a couple months of free checking to atone for the "mistake". I took advantage of the time to open an account with a local credit union, after which I closed all my accounts with Wells Fargo - including a 15-year-old credit card. I've been with couple of different credit unions for almost 20 years now and never had anything remotely odd/shady/illegal occur with any of my accounts. I have truly free checking along with all other online and in-person services that are available at banks (including automated bill payments and competitive vehicle and home loan rates). There are plenty of ATM's available locally. I've never had to pay an out-of-network fee when using the ATM of another credit union when travelling. The NCUA provides the same level of protection against institution failure as the FDIC. And, like Nancy, I appreciate the absence of "partners" sales pitches. Big banks have gotten far too big and too powerful since their deregulation in the 1980's. It was the shady loan practices of big banks - not credit unions -that precipitated the 2008 recession from which we're STILL trying to recover.
Car Insurance Options 2 through 5 are not sold as separate policies. They are coverages added to the policy providing the liability coverage. Collision and comprehensive (other than collision) are sold on a vehicle by vehicle basis.
Collision and other than collision are subject to a deductible. Some companies still sell ACV ($0 deductible) other than collision.
Uninsured / underinsured motorist protection varies by state. In some instances there does not have to be another vehicle involved for this coverage to come into play.
Medical payments coverage may be a good buy even if you have good medical coverage. It can be used to cover the co-pays and deductibles on a hospital visit.
Great article! Its amazing how powerful breaking tasks down can be for reducing anxiety about upcoming projects.
Try walking with a book on your head or looking at some yoga videos on youtube for the neck and back
This sounds like a brainwashed customer to me or at least one overcome with the inertia of being a long-time customer of Wells Fargo. Perhaps you can tell us about your relative experience with small banks. Or do you have any? If not, there is no point in writing an article such as this. There is no attribute identified in your list which is uniquely associated with a large bank.
For many years I was a BOA customer and even a stock holder. No more. BTW - my bank waives ATM fees everywhere - no negotiation required.
Everything written here applies to my experience with Chase. However, you guys bring up some really interesting points about the stances these banks take on their customers. At the investment banking level, these banks seem to treat customers quite poorly, which gives me doubt about their behavior at the retail level as well.
Do you trust the government to play by the rules and not tax Roth IRA interest upon withdrawal in the future? Everyone seems to be going Roth IRA. That's going to be a big pot of money just waiting to be taxed. Do you trust the government to keep their hands off Roth IRA interest when it is withdrawn? I don't.
My dream job is to be my own boss with a creative business! I want to financially support myself through selling prints and housewares and maybe eventually have a boutique shop with curated handmade items!
Thanks Thursday! Particularly interested in these tips just now - with a new baby on the way I can vouch that a deadline is a great way to get things done. We've just got a numberplate outside the front door after SEVEN years of meaning too - and it's all because of baby!
Size of a bank doesn't matter - who owns the bank, DOES. Big banks aren't often owned by the people, for the people.
We ditched Wells Fargo after 30 years. Why? They wanted to start charging us a monthly fee for checking that we previously received free. It turned out that there was a way around this for us, but the bank didn't make that clear to us until we showed up to cancel the account. In addition, we had begun getting many, many calls from the bank's partners to sell us products and services, always starting out with a thanks for being such a long-time loyal customer. We didn't like that our loyalty translated into lots of dinner-time sales calls. And finally, the big banks have gotten too big--and too avaricious--for the overall good of the economy.
Those are great reasons to like a bank. But I prefer credit unions. At a credit union, you're an "owner" -- *every* depositor is an owner. Fees and minimums for just about everything are lower, too.
Besides, very few credit unions got caught up in the shenanigans that the big national banks did. My mama taught me to not reward bad behavior. I think that means not being a customer of a big bank.
Checkout these quotes too.. They are good
http://money.hotinit.com/2012/05/top-money-quotes.html
Tried it just a few days ago. The lawn does seem a little greener so far. I thought I was going to have to buy one of those hose end sprayers but found I had several leftover lawn weed killer bottles that just happen to be hose end sprayers that work just fine. The miracle grow solids sprayers did not work right in my opinion because they are filling with water all the time to dilute solids. This stuff is a lot cheaper at the dollar stores. So we have to keep Pabst Blue Ribbon on hand now. Even with those $0.75 beers an application might not even cost me $2 for my whole yard. My yard was just starting to look kind of dead in comparison to the neighbors but now it's looking good.