Do you have a checking or savings account with any of the big banks? If so, are they charging you all these excessive hidden fees? Don’t you just hate that? These banks have gotten millions of bailout dollars from the government but yet they still find ways to stick it to us regular folk by nickel and diming us. It’s so ridiculous…half of the fees they come up with are really absurd. It’s just another way for them to line their pockets at the expense of the people on Main St. Well I say it’s time to DUMP them. Yes, I said it….get rid of them. It’s time to find a better alternative.
Credit unions are growing more popular by the day. What make them so great is that most of them are owned by people like me and you, so basically they put people over profit. They’re smaller which means you will more than likely get better customer service. You can actually put a face with a name. Most credit unions offer free or nearly free checking/savings accounts just as long as you have direct deposit or meet other simple criteria. The rates are way better on loans and credit cards, not to mention the credit criteria for applying for a loan is more lenient.
These are second tier or community banks that are located in various places such Wal-marts and other grocery stores. The majority of these banks offer free checking/savings account just like credit unions. They have competitive rates and are must easier to work with. Even though the volume of capital is low compared to the big banks, one of their greatest strenghts is that they are able conduct business in a more personal manner, which gives them more of an advantagive edge with smaller businesses. During this time of economic uncertainty, smaller banks have gained more customer loyalty which have made them more stable and allowed them to be able to lend more money. Another great advantage is that they are usually open late in the evening and on Sundays. In the end, smaller can sometimes mean better.
Don’t be lured into opening an account with these big banks because they honestly don’t care about you. All they care about are the numbers. They don’t care about lending money to small business at decent rates or putting back into the community by creating jobs. Their goal is one thing…to make money and they will do whatever it takes to accomplish this…even if it means charging you an excessive amount of hidden fees. Don’t become a victim, switch to an alternative bank today.
Have you switched from a big bank to an alternative bank yet?
TGIF….whew! Welcome to the Frugal Friday edition of My Take on Money. As you guys know….I love to shop in thrift and consignment stores. I love a bargain! Recently, I purchased a used dehydrator at Goodwill for about $6 bucks. I brought it home and was trying to clean it, but the price, which was written in some sort of wax crayon, wouldn’t come off. I scrubbed and scrubbed but it wouldn’t budge. I became so frustrated that I actually called the store, where I purchased it from, and asked them for a suggestion to get it off. The lady kindly told me that if I used some baking soda with water, it would come off. So I went to my refrigerator, pulled out the baking soda and tried it….and viola! It surprisingly came right off!!!! I could slap myself…why in the world didn’t I think of that? 🙂
Baking soda is very effective yet it’s so inexpensive and can be used in so many ways that we don’t even think about.
Below are 10 great uses for baking soda:
- Laundry – Add a cup of it with your regular laundry detergent to get cleaner and whiter clothes.
- Shoes – It gets scuff marks off of patent leather shoes
- Dental – It’s a great whitener and cleanser for your teeth. Just add a bit to your toothpaste. It’s also great for soaking oral appliances
- Cleanser – It’s a basic non-toxic cleanser for several uses around the house. You can use it practically to clean anything.
- Deodorizer – Of course we know that it can freshen your fridge and keep those bad odors at bay. You can also use it as a deodorant for under your arms; just mix it with about ten drops of your favorite essential oil.
- Shine Tarnished Silver – Believe it or not, baking soda along with aluminum foil, some salt and hot water will actually remove the tarnish from your silver.
- Hair – Massage a bit of baking soda onto your scalp to get rid of dandruff. It also removes build-up.
- Antacid – Baking soda will soothe stomach acid, heartburn, gas, and other tummy issues quickly because its slight alkalinity can neutralize the acid causing the problem. Just mix a teaspoon into a glass of warm water and drink it down.
- Skin Softener – Dissolve some into your bath for a soothing and skin-softening experience.
- Treat Insect Bites & Itchy Skin – For insect bites, make a paste out of baking soda and water, and apply as a salve onto affected skin. To ease the itch, shake some baking soda into your hand and rub it into damp skin after bath or shower.
What other uses do you have for baking soda?
A Will (Testate) is a legal document that directs the disposition of property owned by an individual at the time of death. It may be revised or amended by a codicil at any point prior to death. It must be signed and witnessed usually by two or more people.
All wills have an “Executor”, which is appointed by the decedent prior to death. The “Beneficiaries” are the individuals who would receive the assets as outlined in the legal document.
All wills are subject to probate, in layman terms that means that a court preceding must take place prior to any assets being dispersed. There are some advantages and advantages of going through probate:
- Minimizes the possibility of future claims against the estate by heirs and creditors
- It delays distributions (meaning, it will be a while before any money or other assets are dispersed)
- Increased costs of estate administration (court costs, executor’s fees and lawyer fees)
- All information is available to the public (everyone will know your business)
Continue reading Estate Planning 101: All about Wills