How can one avoid bank fees and earn interests with his bank accounts?

You are right when you say that banks are the big winner when we put our money into accounts because they turn around and loan our money to others with an interest rate attached enabling them to make a profit. I avoid bank fees by simply not over withdrawing on my account. While they will cover a debit card purchase that is higher than my balance, they will charge a service fee for doing so.

I do this by balancing my check register so that I always know how much money is in my account in the event I make an unplanned purchase. In my case, there is very little interest to earn because my bank gives its customers an interest rate that is less than 1% for saving accounts. While CD’s do offer slightly higher rates, they require at least $1,000 deposit and you are unable to access that money for at least six months depending on which CD option you go with.

You are right when you say that banks are the big winner when we put our money into accounts because they turn around and loan our money to others with an interest rate attached enabling them to make a profit. I avoid bank fees by simply not over withdrawing on my account. While they will cover a debit card purchase that is higher than my balance, they will charge a service fee for doing so.

I do this by balancing my check register so that I always know how much money is in my account in the event I make an unplanned purchase. In my case, there is very little interest to earn because my bank gives its customers an interest rate that is less than 1% for saving accounts. While CD’s do offer slightly higher rates, they require at least $1,000 deposit and you are unable to access that money for at least six months depending on which CD option you go with.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.