Hope to Prosper

Simple Practices that Lead to Wealth

How to Pick a Mutual Fund – Fees

Investing /

The reason fees are so important to avoid is because they reduce your rate of return. Instead of this money going into your account, it gets siphoned off to the fund company or a financial adviser.

Overdraft is Over

Regulation /

The Federal Reserve announced Thursday new banking rules, which require consumers to opt-in before overdraft protection fees are allowed on their ATM and debit cards. This is a huge win for consumers who are being soaked for close to $40 billion dollars in overdraft fees in 2009 alone.