Friday, November 25, 2011

Money Saving Tip #196: Stop Going to the ATM

If you visit an ATM at a bank other than yours, you will be paying several extra fees just to get your own money.  The bank that you visit may charge you about $3.00 just to use their ATM, plus your own bank will then charge you another $3.00 because you used another bank. 

Imaging this:  If you withdrew $20.00 from another bank's ATM, this transaction can cost you about $26.00. 

Rather than going to another bank's ATM, go to a grocery store instead to get some cash.  Go to the checkout with a very inexpensive item (one banana, a pack of gum, candy bar, $1.00 nail polish, etc.).  Swipe your debit card and select the amount of money you want for cash back.  There are no extra fees plus you will have gotten at least something for your purchase!