Manage Your Benjamins

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Find a Surcharge-Free ATM
chart of count of tax refunds issued by IRS per week
Cost to Send Money to Mexico from US bank account
Mother and Child with Earned Income Credit
overdraft fee amounts
Legal Process Fees at the Big Banks

You need to pick the right bank account when you leave prison. Make sure your bank won't take advantage of you with lots of fees.

Adam Rust
Probation-related fees
money transfer card
tax refund loans
Lowe's Promoting Block Tax Refund Advance Loan

True, a Refund Advance Loan is marketed as free, and technically, it is free. But most people will still pay a fee to access their money. Why is Lowe's involved with RALs in the first place?

Adam Rust
Tax Loan RAL Coupon Lowes
Paying Taxi Cab Driver
Big Data Lending
Financial Stress Under Water
Personal Finance
How to Prevent an Internet Payday Lender from Debiting Your Checking Account

Internet payday loan lenders will ask you to grant them access to your checking account. It is the only way they can collect. If you believe that the lender intends to withdraw funds that you do not owe, then your only option is to close your checking account. Here's what you must do.

Adam Rust
Close checking account from payday lenders
The Day the CFPB Turned its Back on Veterans

In its consent order against Mark Corbett, the CFPB demonstrated how someone could create real harm to our veterans. But when it only applied a penalty of $1, the CFPB failed to do its duty.

Adam Rust
Veteran Saluting Flag
overdraft disclosure
photo check deposit
FDIC Insurance
bank accounts for re-entry from incarceration
Mental health financial stress
prisoner work release
32 Tips to Save Money

Bottom line – the best solution for most people will not be to earn more, but to spend less.

Adam Rust
Saving Nest Egg
fired worker last paycheck
FTC Settles with NetSpend Over Blocked Accounts

A class action lawsuit against NetSpend has been settled. Approximately 430,000 account holders will share $10 million in refunds as a result of a settlement with the FTC.

Adam Rust
NetSpend FTC settlement
check cashing
Paycheck fraud: Stop Payment Fees and Holder in Due Course

If your worker lies about losing a paycheck, it may be a part of a costly scam. If he or she goes ahead and cashes the check, employers might owe a stop payment fee, an insufficient funds fee, and the full face value of the check.

Adam Rust
Worker check fraud
Sole Payroll Card
vault preventing people from getting a bank account
Hispanic couple spending money
woman using laptop to conduct personal finance
installment loan trap add-ons credit insurance
How To Use a Debit Card
Buying Gas with a Prepaid Debit Card

If you attempt to use a prepaid debit card to buy gas at a pump, your card may be declined and your balance may fall to zero. Here's how to avoid that problem.

Adam Rust
Buying gas at the pump
Retiree Debt
Personal Finance
How to Use Prepaid Debit Cards for Envelope Budgeting

I like the envelope system. It works. But it is cash-only. The prepaid debit cards with sub-accounts maintain its best features but give a person the convenience of digital transactions.

Adam Rust
Person using the envelope budgeting system
Woman paying online with a debit card
Small business owner using direct deposit
Foreign-language banking
Hispanics Still Prefer to Bank in English

Hispanic consumers appreciate it when marketers use some Spanish for their advertising, but when it comes to banking most prefer to conduct business in English.

Adam Rust
Hispanic youth at computer banking
Better Design Equals Better Banking

If we want to improve the financial health of lower-income households, we have to understand the value of product design.

Adam Rust
car repair emergency expense
behavioral savings
Credit card fraud
Bank accounts for the visually impaired

Many visually-impaired people live without a bank account. Several technologies have come to market recently which will enhance the ability of these individuals to manage an account.

Adam Rust
Blind person banking
open debit card online immediately
waiter and restaurant manager working
check cashing store
Mexico City village
unbanked worker with a prepaid debit card
Couple paying overdraft fees
student banking
Why Students Should Use a Mobile Bank Account

Young people prefer to do everything with their phones. That includes using a bank account. They tend to move around a lot as well, so a local network of bank branches holds less appeal. They might live in several places during one year. They will be better off with an account that goes to those places with them. A mobile bank account is the right choice.

Adam Rust
College student banking with her smartphone
woman upset with overdraft fee
How To Use a Debit Card
Pay with a Signature at the Point-of-Sale

Your prepaid debit card says it charges a fee if you pay with a PIN at the point-of-sale. You can elect to avoid that by asking to sign for your swipe.

Adam Rust
Paying at the Point-of-Sale with Signature
man receiving bad phone customer service
Factory worker sad
budget gardening with seeds
The Poor Pay More to Bank

High balance minimums and the fear of overdraft charges convince low-income workers to avoid bank accounts.

Adam Rust
worker paying bank fees