May
17
Online Bank Accounts
Filed Under Finance :: Wealth-Building | Leave a Comment
I’m firing Citibank. They just aren’t a great deal anymore for my money. I’m looking at Washington Mutual instead, and some of the other internet savings accounts as well. Much better deals to be had. I mean after all, it’s my money, and I’m lending it to them. They should pay for the privilege. And why should I have to pay fees to them? It’s not like I get to charge them fees when I borrow money from them. I’ve been checking out WaMu Online Personal Checking. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. Who cares if the big banks have more ATMs when they will refund your ATM fees from any other Bank? Now I can use any ATM in town. More people should check out internet banks instead of big banks.
Mar
22
There are some risks related to structured settlement sales. The main thing is that a large amount of money must be correctly invested and managed when you sell structured settlements, while not everyone is capable of it. Unless the victim or their family has experience investing large amounts of money, they will have to hire a financial advisor to handle the sum. Also, while the monthly payments from a structured settlement are not taxable, the returns on the invested money received from a structured settlement sale are taxable, and there is always the risk of handing the investment to the wrong person and having the money simply disappear due to theft or mismanagement. A structured settlement can prevent this. Because the money is handed out in smaller increments, there is less need for a financial advisor. And with no financial advisor, there is less of a chance of theft or loss of the funds, which would leave the victim without financial aid or income.
Jan
25
Online Banking
Filed Under Finance :: Wealth-Building | Leave a Comment
I’m firing Citibank. They just aren’t a great deal anymore for my money. I’m looking at Washington Mutual instead, and some of the other online banks as well. Much better deals to be had. I mean after all, it’s my money, and I’m lending it to them. They should pay for the privilege. And why should I have to pay fees to them? It’s not like I get to charge them fees when I borrow money from them. I’ve been checking out WT Direct. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. Frankly, I couldn’t care less about meeting a banker in person. I’d much rather do my banking online with a click or two than wait in line at the branch. In fact, I think most people would be better off switching to an online bank.
