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Financial Management

People Going Back To Cash Over Bank Fears

I was reading how many people in Russia are scrambling to pull virtually all of their money out of the banks as they fear worldwide sanctions against Russia in the financial sector will result in them not being able to have access to their money. Because of this there was an interesting note on how

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Financial Management

Increasing Bank Fees During Hard Times And Not Moving

There was a bit of news today where apparently a lot of banks have been increasing its service fees for a lot of Canadians which is resulting in even more financial hardship for many. This can add up where not only do people have to pay a monthly fee, but as well various transaction fees

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Financial Management

The Cost of Using Cheques Can Be Expensive

For the most part when it comes to making payments nowadays I only use cheques to pay for thing such as contract jobs as for everything else it just seems more efficient to use things like the credit card. After quite a while I actually ran out of cheques for one bank and so I

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Financial Management

Do Credit Unions Even Register On Your Mind For Banking

The other day I was talking to a lady who asked me which banks I used which I answered. Her immediate response was how it must be so expensive for me to do business with them as she felt the fees were incredibly high compared to the credit union that she currently uses and loves.

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Financial Management

Slow Times For Banks To Process Your Funds

This past few days I noticed a funny issue that isn’t very common as it is usually the opposite for most people. As usual I have the habit of paying my credit card bills all at once. The funny thing is while I have already transferred the funds where it states it has been taken

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Financial Management

Pre-Approved For Bad Financial Habits

Today I got a notice from a bank that I have been pre-approved to sign up for overdraft protection. This was not a small amount either as in many ways it’s like starting fresh on a new credit card. Now the selling point of course is that sometimes in life thigs happen and you don’t

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