Bank of America’s announcement of a $5 monthly fee for debit cards comes days before provision that limits fees to merchants for debit card transactions.
Takeaway contributor Beth Kobliner is helping us construct our own bailout; this week, she teaches us now to trick ourselves into saving money. The simplest step is to start an automatic debit from your checking account into a savings account.
Business takeout: are prepaid debit cards a good idea?
We take a look at the growing trend of buying prepaid debit cards, and whether it’s financially good or bad. New York Times’ finance reporter Louise Story helps us figure out if this is a good way to spend your money or just a bad decision.
The Color of Money: Marketing financial services in communities of color
Today is the Part Two of The Takeaway’s series ‘The Color of Money.’ Today we are taking a close look at how financial services are marketed by black Americans to black Americans.
Your Take: At What Age Should Kids Learn Financial Literacy?
