Spending is not the way to save Posted by money mom at 02/22/08 06:14 PM

Monday’s Tip from Money Mom – Bank of America’s “Keep the Change” and Wachovia's "Way2Save" programs aren’t the way to build up family savings. Instead, pick an amount to save from every paycheck and “pay yourself first” by making an automatic deposit directly into savings every time you get paid.

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Read your bank statements carefully Posted by money mom at 02/11/08 12:14 PM

Money Mom’s Monday Tip: Read Your Bank Statements Carefully

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Telephone check? Could the Wachovia “demand draft” problem happen to you? Posted by Gail H at 02/06/08 12:57 PM

Did you know that your bank can pay someone from your checking account because that person says you authorized it - even though you never signed a check? News stories today say that this happened at Wachovia Bank, and that documents from a lawsuit show that Wachovia knew about it. Consumers Union can't say what Wachovia did or didn’t know, but here is what consumers need to know: The method reported as the means to steal from Wachovia’s customers can occur at other U.S. banks.

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Kiss Credit Card Rip-offs Goodbye! Posted by Meg at 02/04/08 04:27 PM

We're taking aim at unfair industry practices...

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