Saturday, May 30, 2009

Paying Bills Online?



This is something that you may want to consider doing yourself! I just added another bill account to my online banking at this late hour of the night (what the heck! I couldn't sleep!) and it made me realize just how convenient online bill paying can be! Not to mention the fact that you won't use as many stamps and it will definitely help save you money on postage! (Did I mention the fact that the cost of stamps has gone up again!)


I know that people have to be careful about their money and how they handle it but since I do work from home, paying my bills online has become quite convenient for me and it might be the same for you if you give it a try.

I remember the first time I paid a bill online for the first time! When I first opened up my bank account one of the customer service people at the bank showed me how to do this! He was very helpful and he showed me how one pays their bills online. It took me awhile before I actually did it myself because I was worried about something going wrong! Goodness knows that I don't need ANY mistakes with my bank account!

But I finally managed to do it - nervously of course - and I got through it! Now I'm glad that I did do it because it saves a lot of time and it saves me a lot of postage costs!

If you would like to try paying your bills online then you should talk to one of the customer service representatives at your bank and ask them to show you how. You might be very glad that you did!

Thursday, May 28, 2009

Be Sure To Keep A Close Eye On Your Bank Account!



It seems that the banking industry is finding new ways to gouge their account holders! Basically speaking banks are going to start to increase the banking fees that they charge their customers!

For instance some banks are going to double the fees that they charge for overdraft protection and some will even increase the fees that they charge for checking account maintenance.

An online article says that the banks say that consumers are using their debit cards more now than they are using their credit cards and since credit card interest is a big income generating thing for the banks they feel that they have to recoup their money (or should I say profit(s)) from elsewhere.

A good point that the article noted was that even though the banks got a big amount of money from President Obama's stimulus plan, the banks don't seem to be helping the consumers because of it. In fact it seems to be that the opposite is happening in that the banks are looking for yet other ways to profit.

The article didn't say that all of the banks would be doing this but they did give some examples of banks that will be. So if you're concerned and want to see whether or not your bank is on the list then I suggest that you check out the online article.

The Banks Are At It Again!