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25 Tips to Save 20% for Your Retirement with No Effort

August 4, 2020 · Retirement Life

11. Avoid Unnecessary Bank Fees

It feels as though bank fees will follow us for the rest of our lives, right? Well, the truth is that you can avoid some of them by just being clever or mindful of how you use your debit or credit cards.

For example, you may be charged when using different ATMs to ones in your network, You can’t bypass these fees by using the cash back option when making in-store purchases, either. So it’s best to plan out your trips so that you can safely and freely take cash out of your own account by using your bank’s ATM.

Other banks will charge fees if you don’t keep a minimum balance in your account, so carefully navigating this unnecessary fee might be troublesome.

At the end of the day, make sure you’re informed so that you can avoid wasting money!

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