Quote:
|
Originally Posted by PennyPincher
Banks are certainly not out there to make our lives easier and to help us earn money, although they like to make it appear so. Unfortunately, they are a necessary evil. However, I must say that I've been incredibly happy with my online bank account through ING Direct. I still have an account with a standard bank, but ING is where I've kept my money - for the last two years. They pay 2.2% on savings accounts!!!
|
3% inflation you lose 0.8% a year. Sounds like a deal to me! Just proves my point. Avoid all banks. They're worthless.