The slow collapse of our economy will bring about new fees and taxes so that the government and companies can maintain their cash flow. For example, my saving account at a local bank decided that all savings account that have been dormant for 6 months or more will be assessed a maintenance fee of $6.00/month. While $6.00 a month is a small amount, the total cost for one year is $72.00 for digitally maintaining an INACTIVE account.
I proceeded to head to the bank, and closed the account. When the teller asked why, I replied that "I can hold my own cash for $72 a year without paying any interest." (She had my permission to quote me.)
Keep a close eye on your finances as companies and the government will gradually try to pass along new schemes to part you from your cash.
Keep Right On Prepping - K
Thanks for the heads up. Take care and God bless you all.
ReplyDeleteAlways "new and improved" ways to separate us from our money.
ReplyDelete