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Money Saving
The Most Common Money Leaks and How to Fix Them
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[QUOTE="King bell, post: 281534, member: 75687"] Do you find your bank account quickly dwindling, even though you make a good income? You may be surprised to find out that you have money leaks. Money leaks are small, often unnoticeable ways that we spend money unnecessarily. Over time, they can add up to a lot of wasted money. The most common money leaks are: 1. Unnecessary subscriptions and memberships We all have those subscriptions and memberships that we never use but keep paying for because we forget to cancel them. Take a close look at your credit card statements and see if there are any subscriptions or memberships that you can live without. 2. ATM fees Withdrawing cash from an ATM that is not affiliated with your bank can be very costly. ATM fees can range from $2 to $5 per transaction. To avoid these fees, only withdraw cash from your own bank’s ATM or use a debit card for purchases instead of cash. 3. Late fees Paying a bill late can result in a late fee of $30 or more. To avoid late fees, set up automatic payments for all of your bills or make sure to pay them on time each month. [/QUOTE]
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The Most Common Money Leaks and How to Fix Them
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