Although Bank of America and other banks have agreed to not charge customers monthly debit usage fees, you shouldn't get too comfortable. Apparently, these financial establishments are still trying to earn profit without customers catching on. Here are some of the examples reported by The New York Times: Lost BofA debit card requires $5 replacement fee and a $20 rush delivery fee. BofA MyAccess Read more

Many are unhappy with the debit card fees introduced by banks that want to reap more profit from their customers. I'm sure by now you've heard about the $5 monthly fee Bank of America is planning on charging for debit card usage. Other banks plan to follow suit and consumers have been lashing back, threatening to cancel their accounts. According to a SavvySugar poll, 91 percent of readers are Read more

I'm sure your ears perk up when you hear about debit fees being reduced. However, the move is probably more beneficial to retailer big wigs, and not everyday consumers like you and me. The "swipe" fees are charged every time a customer chooses to use their debit card. Currently, the fee stands at 44 cents, but a recent verdict has brought it down to 21 cents. This lowered rate will cost banks Read more

It's sad that we've been penalized for fees so much that most people are finding it hard to tell which fees are real or fake. In fact, in a recent ING Direct survey, none of the 1,000 participants managed to correctly categorize bank fees. Here are some ways ING advises to avoid facing the real fees: Read the fine print when you sign up for checking accounts. Avoid the automatic opt-in overdraft Read more

I'm sure everyone can do with a little more cash in their wallets. Here are some great suggestions by Wise Bread for you to make extra money. Even though I'm self-employed full-time, I'm always looking for new and exciting ways to make more money. Earlier this year, I wrote a Wise Bread post on websites that can help you earn extra cash. More recently, I came across a blog post on Zaarly titled, Read more

Everyone makes mistakes. Business Insider shares solutions for some common money mistakes people make. Recently, two friends confessed they live check to check — a revelation worsened by the fact that they only check their bank balance once or twice a month. RELATED: How This Writer Clawed Her Way Out of the Black Hole of Debt We called in the finance experts, and here's what we decided they Read more

You may be wasting money when you think you're saving. LearnVest shares eight of the biggest money misconceptions. Frugalista. Recessionista. In the past few years, people have coined a lot of silly words describing women and their approach to money, but the thought behind each of them is the same: You care about your hard-earned dollars and want to make them stretch. RELATED: What NOT to Keep Read more

Bank of America customers will now have to pay an additional $5 a month just for using their debit card, reports Bloomberg. This amounts up to an extra $60 a year in debit card usage fees. Apparently, the banking giant needs to cut its debit card losses from the Durbin amendment to the Dodd-Frank financial act. The amendment basically ruled that debit interchange fees be reduced, and BofA plans Read more

Be savvy about your retirement. Kiplinger gives eight compelling reasons for getting a Roth IRA account now. Smart young savers know to participate in their companies' 401(k)s as soon as they join the workforce to benefit from as many years of saving and compounding as possible (see Why You Need a 401(k) Right Away). But really smart young savers — including all of you who read Starting Out, Read more