finance
Shop around for a bank that offers you free checking and waives ATM fees if you maintain a low minimum monthly balance in your checking account or in a combination of accounts. This can save you hundreds of dollars a year. You also need to sign up with a credit union to minimize your banking costs. To find out if you’re eligible to join one, call 800-358-5710 and ask for the number of your states Credit Union League. Don’t put your money in a money market account just because, it pays a slightly higher interest rate than a plain old savings account. To avoid monthly maintenance fees, you often have to keep more money in a money market account than you would in a savings account. If you’ve been charged an outrageous fee for a bank service, complain. Being forceful but polite will often help you persuade the banks customer service rep to waive the charge. You also need to resist buying mutual funds on which banks charge commissions. Look into some of the low-cost mutual fund companies. Inflation can drastically reduce the purchasing power of the dollar over time. If the company you work for has a retirement savings plan or open an individual retirement account (IRA) at a no-load
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Some common words found in the essay are:
IRA INSURANCE, INFLATION Inflation, League Dont, SAVINGS Shop, SEP-IRAs Keoughs, money market, mutual fund, money money market, life insurance, money money, money market account, invest load funds, savings account, market account, investment plan, fund charges, health insurance, mutual funds,
Approximate Word count = 1068
Approximate Pages = 4 (250 words per page double spaced)
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