[skr]

So that’s why my bank no longer had the small business free checking account it had about a week ago.

Thanks a lot, Congress; if I could maintain the minimum daily balance now required, my business would be doing just fine.

[apillar]

I got the news back a few months ago that free checking would start charging $8.95 a month. Being the colossal cheapskate I am (I prefer the term frugal), I decided I was going to find a way to "beat" the new charges. So here is what I did:

Savings accounts were still free, so I closed my checking and kept my savings. I redirected my direct deposit to the savings account. The savings only allows 4 withdrawals a month, so every payday I transfer enough to paypal to pay all my bills. I only withdrawal cash once a month and use my credit card for everything else. Giving me 1 withdrawal should any emergencies pop up.

Yeah it can be a hassle, but like I said I'm a cheapskate. I wondering how long it will be before they catch on and put a stop to it.

[tiki]

Kind of like they helped us out with credit cards.