Viewing entries tagged
Money
This receipt was found at a Chase ATM on 45 Wall Street showing a savings account balance of exactly $97,084.23 after he withdrew $100 (probably to buy lunch). As the Consumerist points out:
...this guy knows what he's doing; note how the balance is just under the $100,000 limit for full FDIC coverage.
Uhm, right! That's why I too keep my savings account balance under $100,000.
And I just heard that JP Morgan Chase purchased my bank Washington Mutual. So this means that I too now can access the same ATMs as this account holder without having to pay a transaction fee! Cha-ching! Money in the wallet and two dollars closer to $97,000.
[Via]
An interesting insight into how Americans are spending their federal stimulus rebate ($600 for most individuals, and $1200 for couples) and where that money is going can be viewed at the website: HowISpentMyStimulus. It appears that we're spending it on EVERYTHING. Don't get me wrong: I like free money. But I'm not so sure that this program is the best way to stimulate our economy. I prefer my suggestion instead.