- Jan 22, 2010
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I have some in the bank and some in my room, I like to switch off between what I use though
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Originally Posted by 6 rings MJ
They don't trust the bank..
Originally Posted by 6 rings MJ
They don't trust the bank..
True. And putting your money in a bank would help your credit score compared to it just sitting in a box gathering dust.Originally Posted by Lxj
Every year that your money is sitting in that nike box the inflation causes it to lower in value. At least when you put it in the bank the measly 2.0% will offset the inflation. However, if you have to pay bank fees your net value might end up being negative.
True. And putting your money in a bank would help your credit score compared to it just sitting in a box gathering dust.Originally Posted by Lxj
Every year that your money is sitting in that nike box the inflation causes it to lower in value. At least when you put it in the bank the measly 2.0% will offset the inflation. However, if you have to pay bank fees your net value might end up being negative.
how is that being burned? I'm pretty sure it was in the Terms of Service agreement you signed when you opened the bank account.Originally Posted by Faint Dj3
Overdraft fees. I was young and all and basically broke, but don't tell me I can only spend the amount of money I have in my account and then charge me $35 each time I overdraft. All the while im vigilantly checking my balance.
how is that being burned? I'm pretty sure it was in the Terms of Service agreement you signed when you opened the bank account.Originally Posted by Faint Dj3
Overdraft fees. I was young and all and basically broke, but don't tell me I can only spend the amount of money I have in my account and then charge me $35 each time I overdraft. All the while im vigilantly checking my balance.