This is a paid review for MicroMaximus. As an investor, I want the maximum returns with minimal risk. I work hard for my money, I’d like my money to work hard for me as well! Finding a good balance could be tricky! Let’s look at the options. Stock Market You can make good money in [...]
Five of my favorite ‘money themed’ movies in no particular order… The Business Of Being Born (2008) If you are pregnant or about to become pregnant, I would advice you against watching this movie! The movie is about how something as natural as childbirth has become a booming business in the US. Physicians like control [...]
ATM fees are reaching an all time high. The average, last year, rose by 5% to $2.33 and you could potentially pay as high as $11! ATM fees could be two-fold. Your bank might charge a fee for using an out-of-network ATM and the ATM owner could charge you an additional fee for the convenience. [...]
Alliant recently joined the mobile banking fray with the introduction of its Alliant Mobile Banking iPhone app. This is a quick review of this application. This review is for version 1.31 of this app. The app requires iOS 3.2 or later and is compatible with iPhone, iPod Touch and the iPad. The app itself is [...]
Times have changed! I remember 10 years back, when I joined a Credit Union that happened to be outside my state, the only way I could deposit a check was to find another credit union’s ATM and make a deposit. Soon they introduced prepaid deposit envelopes. Now a deposit would mean a trip to the [...]
Late afternoon yesterday, both Visa and Mastercard, two of the world’s largest payment networks, plunged more than 10% on the proposed debit card interchange fee cap. Visa, which was trading at over $79.16, fell to $67.19 and MasterCard fell to $223.49 from a high of $253.35. So what is an Interchange fee? Say you shop [...]
What’s MoneyCone if not for obscure HOWTOs! Here’s one more! Currently your deposits are insured upto $250,000. What if you have more cash to spare? Yep, a big problem for most Americans! For each $250,000 cash, deposit in a different bank and extend your coverage ad infinitum… Or you could use your favorite bank and [...]
Last week, BofA agreed to pay $137 million for defrauding municipalities of millions of dollars by rigging muni bids in its favor. In 2007, BofA voluntarily informed the Justice Department of its role in this muni bond operation. Bank of America was involved in 88 cases involving muni bid rigging from 1998 to 2003. What [...]
Banks, and credit unions to a certain extent, spend a massive amount of money lobbying. Yes that’s your money, that these organizations use for lobbying. Here are some very curious statistics I gathered! Largest political contribution is also from the most hated bank in America. Bank of America contributed a total of $530,500 followed by [...]
Ever noticed how when you swipe your debit card at the grocery, you have to choose Credit or Debit? Most choose Debit and enter their PIN to pay for the purchases. Did you know you can choose Credit and NOT enter your PIN? Incoming search terms:do you sign for a debit cardwhen you use a [...]
