If you're like most people, all you want for Christmas is some
savings. Forget your two front teeth or Mariah Carey singing
about wanting "you," the average consumer is expected to spend $838
this holiday season, according to Discover's
Annual Holiday Shopping Survey, and it's important to soften
the impact on your bank account.
The question is how.
There are a number of tried-and-true holiday savings methods,
including taking advantage of sales on Black Friday and Cyber
Monday, selling unused gift cards for cash, and doing some
comparison shopping online.
Recently (Monday?) PayPal pissed off a lot of people. You may have seen the story on Jezebel, Consumerist, or a bunch of other outlets: Regretsy collected $2 donations from thousands of users to buy toys for needy kids for Christmas via a PayPal "Donate" button. PayPal froze the account and went on to provide a very nice example of how not to treat your users. Anyway, last I heard it was being worked out--someone at PayPal issued an apology and promised a donation to the Regretsy cause.
Still for many people online it was one more nail in the coffin of PayPal. All you have to do is a little Googling to read page after page of complaints against them. So here are a handful of viable alternatives I was able to find while looking online. There are pros and cons to all of them, and most likely you will still need a PayPal account in order to pay some online sellers. But you should definitely check these out:
Betterment is the website that prides itself in offering low cost investment choices to individual investors. It's an online broker that helps to make investing easier for novices that may not know exactly what assets to invest in. The company's website does all of the work for you.
Saving money today is now as important as ever. Difficult economic times call for greater financial discipline. This can be hard to do since customers are being forced to pay more for services. Even banking customers are seeing increased fees on their financial accounts as their income dwindles. Debit and credit card account holders are now in the crosshairs of financial institutions.
There are, however, some strategies that you can undertake to save money on card products.
Maintenance fees are a big problem for many people since they deplete the amount of available funds in your checking account. These fees can be as low as $4 or as high as $20 a month just for the privilege of having a commercial bank account. These monthly maintenance fees can result in you having to pay hundreds of dollars a years in fees alone.
You can use a few of these tips to keep your account balance from dropping into the red.