Monthly Archive for August, 2017

Quote Of The Day

“… the distribution of those costs and benefits seems to be uneven. Affluent households probably don’t even know what their bank’s minimum balance for fee-free checking is, because their savings never dip anywhere near it. For low-income households, on the other hand, even small fees, or modest minimum balances, can represent a financial headache. Similarly, people with low incomes are most likely to be inconvenienced when stores set higher minimum purchases for accepting credit cards.” — Megan McArdle