Summary of Stop Wasting Money on Fees
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Summary of Stop Wasting Money on Fees
In this tutorial, we’ve discussed some ideas on ways that you can be more aware of consumer fees and how to avoid paying them. By gathering information about fees connected with bank or credit union accounts; credit cards; buying a car; taking out a payday loan; and renting furniture, appliances or electronics; you put yourself in a better position to avoid paying those fees. That will help you save money and potentially meet your savings goals more quickly.
Now that you realize all the different ways that you can save money on consumer fees, we’d like to encourage you to take some concrete steps in your own financial universe to become more aware of the fees you might be paying and avoid paying them.
Practical Ideas I Can Start with Today
- Call your bank or credit union and ask about overdraft and out-of-network ATM fees. If you’ve been paying those fees, make some changes in your habits to avoid them.
- If you have a credit card with an annual fee, consider going to www.creditcards.com and finding a card with no fee and applying for it. Once you get the new card, pay off your old card and cancel it.
What you have learned
- How Small Fees Add Up to Big Money
- Evaluating Financial Institution Fees
- Evaluating Credit Card and Debit Card Interest and Fees
- Watch Out for Other Types of Consumer Fees
- How to Shop for Better Deals on Fees