Bank Fee Savings

A quick look at our banking fees revealed that we paid $84 in 2009.  This amount could easily be eliminated by getting another product from RBC (multi product discount) or switching to PC Financial’s no fee banking.  It was a quick discussion and my better half did not want to give up this account because it was her original bank account.  She is comfortable with it and the $84 is worth being able to go into an actual branch and speak to an actual person.  Perhaps I will bring this up another time and attempt to catch her off guard, but I am fine with the $84 a year.

Estimated yearly savings: $84

Total yearly savings for implemented strategies: $2,040

Total savings missed for strategies not implemented: $322

Difference: $1,718