and how to avoid them
You are likely being ripped off and overcharged for services that every person should be screaming about. Yet, we have become as placid as cows and sheep going to slaughter.
If you are like most Americans, the logical part of your brain in the financial section of your neural networks is DORMANT and ASLEEP.
The biggest news these days in banking is
Banks are modeling themselves basically after the McDonalds Chains of fastfood restaurants, by offering branch banking on every corner. This is an attractive way to get customers- simply by being in customer's faces at every turn, the bank gives the illusion of good and fair service. We are everywhere, so we must be good.
Once inside the bank, they sell their services with MODERN CONVENIENCES like
ONLINE BANKING and BILLPAY and VISA Check Cards and ATM Cards just like the junk food you see on a fastfood restaurant menu.
Here is where the big corporate lie begins.
The LIE is that NONE OF THESE SERVICES take the place of keeping track of your expenses and deposits in either a plain written register or in decent computer software.
But you wouldn't know it from the 8 FOOT HIGH billboard inside the bank telling you that "ONLINE BANKING IS LETS YOU DO ALL YOUR BANKING CONVENIENTLY and ACCURATELY." This is a Total misleading lie.
Similar services promise to make your banking convenient and easy as well.
All of these modern "conveniences" also make it MUCH MORE LIKELY THAT YOU WILL MAKE A BANKING ERROR.
The Banks know this.
They also know that they are not a risk when you make a simple error.
The also know that the laws have been set up to protect not the consumer, but the bank.
The customer always pays for their error.
The bank NEVER pays for misleading the customers about the limitations and error prone methods they sell as conveniences available to customers.
If a customer makes a mistake- it can CASCADE into a waterfall of fees, that is impossible to stop before it's too late. Just do a Google search and see what people are going through.
Banks make MILLIONS and TENS of MILLIONS of dollars in this way.
One check that bounces, can cause a high overdraft fee, which then causes more overdrafts, which generate more fees, which generate more overdrafts ETC ETC ETC ETC.
Before you can get caught up, you may have had HUNDREDS of dollars subtracted from your bank account, and you will have to pay all of this off, and the bank will NEVER reverse these fees.
It's one of the ways banks are racking in RECORD profits from unwary customers who have made errors- lured into Online Banking, Auto Pay, Bill Pay.
We accept this, just like we've accepted the low quality of service we get everywhere from corporate big business.
The name of the game for big businesses is to REDUCE COSTS, LOWER SERVICES GIVEN, MAKE MORE MONEY and MAKE EVEN MORE MONEY, then REDUCE COSTS MORE, GIVE LESS SERVICE and MAKE EVEN MORE MONEY.
All of the banking "services" being offered are not for the customer's convenience- its for higher profits in the banking industry. The more automated your banking, the more you do yourself, the less the bank has to do, and the less people they need to have on staff, and the more they can pay their top CEOs and top managers.
You lose, they gain.
ALL of the corporate banks are the same. Some are worse than others. But they are all bad.
Chances are they had friendly looking marketing, stage coaches, and warm friendly faces to fool you into thinking they are down home people.
Banks have done a great job in presenting themselves as YOUR FRIENDS.
Don't be fooled. They have one thing on their mind
FAIR SOLUTION FOR YOU
are being fooled, and cutting our own throats because we are failing to value
PEOPLE and PERSONAL CARE and REAL ATTENTION.
compound this with banking error fees and credit card interest that jumps to
nearly 30% if you are late on one payment.
The AMAZING BRAIN ADVENTURE's MOST POPULAR PAGES:
Your Amazing Brain Adventure is a web site all about Tickling Your Amygdala- i.e. turning on the best part of your brain as easy as clicking on a light switch. This is done as easily as imagining a feather inside of your head stimulating a compass, the amygdala. The amygdala is a set of twin organs, a part of your brain that sits right in between the most advance part of your brain- the frontal lobes and pre-frontal cortex- and the most primitive part of your brain- your "reptile brain" and brain stem. By tickling your amygdala you instantly and directly increase creativity, intelligence, pleasure, and also make possible a spontaneous natural processes known as "paranormal abilities", although such things as telepathy and ESP are really as natural as breathing, or as easy doing simple math in your head. The ability to self stimulate the amygdala by something as simple as thought has been proven in laboratory experiments, such as those conducted at Harvard University research labs, 1999-2009, and can be tracked with modern brain scanning machines such as fMRI and PET... Indeed, thought is faster than light.
Other sites of interest:
EasyPaintYourCar.com is a painting site dedicated to learning how to paint a car yourself, even if you've never painted a car before. You can refinish your car to professional standards at home, better than if you take it to someone else, and enjoy doing it at a fraction of the cost of having it done in an expensive shop. You can repair dents, rust, and use the most durable real automotive paint, and even learn to apply it without any special or expensive gear, in a safe and enjoyable manner. Paint your car in your garage, car port, or even driveway. You can spray, use an HVLP gun, or even use a roller.
Easy Make A Kindle and Your Own Publishing are sites about self-publishing and writing, and how any person can publish materials, print, online, and electronic books. You can drop out of the corporate slave labor rat race and own your own life by writing and distributing your own books on the subject that you know best.
InkJetHelper.com is a web site about escaping from the ridiculous cost of ink jet printer ink refilling- and refilling your printer for pennies instead of $70 a shot. It also has useful tips about maintaining ink jet printers, especially Canon brand printers.
Julia Lu Painting is all about the creative works of Chinese painter Julia Lu, a modern master of oil and water color painting. Julia shares her creative secrets, ideas, as well as her art work.
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