All Posts Tagged With: "ATM"

Most people have a banking account with a debit card! This is common knowledge, right?

Well, here goes some not so common knowledge then: banks want you to use that same card almost exclusively, as opposed to using a live teller for your transactions, because the latter would involve paying somebody $9.50 an hour to smile at you while they’re helping you out (banks pay around 27 cents to have your deposit or withdrawal processed at an ATM, but over a dollar to handle the same transaction with a live teller).

There’s also another reason that banks love to have people go to ATMs instead: so they can charge you some crazy fees (honest. I wouldn’t lie to you). Today’s banks are raking it in more and more every year, as people don’t seem to care, or pay attention, anymore to the fees associated with using ATMs. After all, it’s just a buck here, a dollar there — right? Wrong. Continued

I grew up in the city, so I’m an authoritative figure on this subject!

For an example of the “proper” way to get robbed (while keeping most of the money you have on you) I’ll start small: So here I am in seventh grade when all of a sudden I develop a bully (I was always small, so it came with the territory). This jerk, Jermickey (I think I spelled his name right, who cares?) told me I had to give up my lunch money the next day or suffer the consequences (in his own way, with a bunch of grammatical errors). I then thanked my gene pool for cursing me with this problem, and then waited the 24-hour period, until “doomsday” …

If you’re caught in this predicament, there are certain things you must do to both ensure your safety, and make sure this a-hole doesn’t get everything from you. Below are those certain things — enjoy: Continued