Move Your Money

Watch this advert about moving your money out of the big banks and into the smaller institutions where they are not liable to rip you off.

While I support not keeping a dime in places such as Bank of America or Citibank, an alternate idea is what I do. I keep $25 in one of the big banks--that will remain nameless--just as a base and because I can easily deposit money into any of the thousands of their ATM locations, I use it just for the deposit and then immediately transfer funds to my other bank where I get decent interest. I think that if all of their customers took the time to do this and only consistently kept $25 in their accounts, those big banks would be destroyed. Thank about it.