fees

Money Guru Suze Orman Pushes Her Brand of Plastic

Suze Orman is trying to succeed where the Kardashians failed. The host of the popular TV money show is offering a new prepaid card that works much the same way as a debit card. Her goal: Offer a credit card alternative that doesn't charge you an arm and a leg.

The Latest Credit Card Trap: No Limits, Just 'Access'

Now that consumer protection laws have pushed back against some of the methods banks devised to make excessive profits at your expense, the financial institutions are trying new techniques. Here's one that at first glance seems like a benefit: Taking away your credit limit.

Why Even the Wealthiest 1% Are Fed Up With Wall Street

The Occupy Wall Street crowd has plenty of reasons to complain about how the big financial institutions treat Main Street America. But you'll be shocked to find out how poorly the masters of the investment world treat their richest clients. Multimillionaire and ex-CEO Al Checchi pulls back the curtain.

Bank Settlements Bring Homeowners a Bit of Relief

This week brought a bit of good news for some troubled homeowners in the form of two separate settlement activities. The FTC has begun mailing refund checks to 450,000 Countrywide customers, and Wells Fargo reached an $85 million settlement with the Fed that will provide relief to up to 10,000 customers.

Private School ROI: Is the High Tuition Worth it?

Bruce Watson recently took a look at the rising cost of private high school tuition. Can you bank on getting a strong return on investment from sending your teen to one? Depends on how you measure.

The Rising Cost of Public School Fees

As public school students head home for the summer, it's time for their parents to start worrying about how they're going to pay for next year. Pay?...

Mirror, Mirror on the Wall St.: Is Copycat Investing Smart?

Mirror investing lets you link your investment account to someone else's: When they make a trade, you automatically trade too. It guarantees that the person guiding you has skin in the game, but is it really wise to put your investment decisions in the hands of a stranger?

Why More People Are Rejecting Their Credit Cards

In the past year, millions of Americans have significantly cut their use of credit cards in an effort to take control of their financial lives. But some people are taking an even more radical step -- going cold turkey on plastic and paying for everything with good old-fashioned cash and checks.

How to Save on Tuition Costs: Community College

In today's tough economy, a college degree is even more necessary -- though it's no guarantee of a job. But with tuition too high and still rising fast, what's a frugal student to do? Try getting a deep discount on your degree with the help of the local community college.

Fly the Hungry Skies: Continental Drops Free Pretzels

The United-Continental merger was supposed to bring together the best of both carriers, but it doesn't always work that way. Continental is following United's lead and eliminating its free pretzels. But there are still a few options for flyers seeking free munchies -- and some of them are mighty tasty.

Why Fly? The Case Against Air Travel

It's bad enough that air fares and extra fees have been rising as fast as a plane taking off -- now, travelers must wonder if aircraft have been properly inspected. Are the costs, pains and risks of flying reaching the point where frequent fliers should reconsider their transportation choices?

Signing 'Standard' Agreements Can Bankrupt You

Those "standard" agreements big businesses like to impose on small clients are one-sided deals intended to protect their interests while reducing or eliminating your legal rights altogether. Before you sign on the dotted line, consider this cautionary example.

Chase Moves to Limit Debit Rewards

Back in December, we told you how the Federal Reserve paved the way for sweeping changes -- and likely reductions -- to the fees merchants pay banks...

While Airlines Are Profiting Again, Fliers Are Suffering

Of all the industries that have achieved record profits recently, none have posted more remarkable results than the airline industry. For the first time in a decade, the industry is on a glide path to profitability -- but it's getting there by squeezing its customers.

Are companies getting meaner?

Are companies getting meaner? In a word, yes. While I don't have any scientific proof (just a growing pile of anecdotal evidence), it does appear as...

Rejected ScotteVest ad goes viral

Since airlines began adding on fees faster than passengers, we've wondered how long it would take consumers to revolt against carry-on fees. The...

Flawed Incentives Were the Rot Behind the Mortgage Crisis

The mortgage-backed securities meltdown whose effects still haunt our economy sprang from a simple cause: The rules of the game gave big incentives to every player involved to ignore the problems and keep collecting their fees. And despite financial reform, those rules haven't changed much.

Most outrageous fees

When most people think of outrageous fees, they often think of airlines, which have become pros at conjuring up fees for every aspect of the flight...

Labor Department Issues New Rules on 401(k) Fees

New rules mean that companies that provide 401(k) plans and services to employers will have to spell out their fees. Over 10 different types of fees and expenses can be charged against a 401(k) account for services such as recordkeeping and administration, according to The Associated Press. Many account holders don%u2019t realize the fees exist, as they are often taken out the account%u2019s investment gains.

Calculating the True Cost of Homeownership

Historically low mortgage rates are making houses more affordable in terms of "the monthly nut," but other considerations can trump simple affordability, and ignoring those hidden costs and risks can turn buying a home into a potential financial disaster.