fees

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.

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?

sharkAre 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

most outrageous feesWhen 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.

No Wonder So Many Americans Hate Credit Card Companies

Americans are generally a cheerful, friendly lot, but one thing that most us of now share is a loathing of credit card companies. DailyFinance contributor Alex Salkever's most recent absurd tale of plastic woe has convinced him that's unlikely to change anytime soon.

Cities Jack Up Fees, but Deficits Are Here to Stay

As local budget deficits grow ever larger, cities across the U.S. are imposing new fees and penalties to cover the gap. But as San Francisco demonstrates, higher hotel taxes and ticket fees can't erase deficits that reach into the hundreds of millions.

Congress Steps Up the Battle Over Card 'Swipe Fees'

An increasingly heated debate about so-called swipe fees, the estimated $48 billion that merchants pay to banks and credit card companies for the use of those ubiquitous debit card terminals, is taking place in Congress as it considers a package of reforms that could limit how much merchants can be charged for debit card transactions.