9 Old School Money Management Tips That Still Work In 2019

June 3, 2019  |  
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Business woman making a cash withdrawal at an ATM

Source: andresr / Getty

Check On Your Banking Institution Regularly 

Many banks are now charging their customers, even their loyal customers, a service charge that could automatically take $5 to $10 or more on a regular basis. This might not seem like a lot on the surface, but taking $5 out of your account every month costs you $60 a year of your money; $60 that could go into your savings.

Make sure you always check the changing terms and agreements of your banking institutions, and if they have decided to charge you a monthly fee, look for a more reliable bank, like a credit union. Also, always keep tabs on your account’s withdrawals. When it comes to the banking world, ignorance is not bliss on your part.

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