Post image for Is 2012 the Year Bank Accounts Pay For Everything Online?

I mentioned it briefly in my last post about Verizon's $2 online billpay fee (which has since been canned due to public and FCC response), but it looks like 2012 is shaping up to be the year credit cards see a legitimate challenger in online e-commerce.

Since the Internet's inception, credit cards have been the primary means buying things online, whether it's through standard e-commerce shopping carts or through a third-party processor like PayPal or Google Checkout. Obviously, the "security" credit cards provide and the relative ease of the transaction has made them the default purchase method, but more and more, it looks like bank accounts are on the rise as payment method. Read more >>

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Verizon Now Charging for Online – But Not Automatic – Payments

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Verizon has announced that they will begin charging customers a $2 fee for paying their bills online via credit card, in order to "continue to support these single bill payment options in these channels and is designed to address costs incurred by us for only those customers who choose to make single bill payments in [...]

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Here's Even More Proof the 'Experts' Aren't Always Right

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I'm not going to spend the time linking back to posts where I argue that you shouldn't listen to so-called 'experts' when it comes to investing or stock picking – I've talked about it so much that if you haven't gotten the message yet, you're on your own. But yet again, there's irrefutable proof that [...]

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10 Myths About Online Banking

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In a survey conducted this year, researchers found out that four out of five households with Internet access now use online banking. This new way to keep track of your finances has become somewhat of a norm in our society, but the few who do not take advantage of this option have made accusations about [...]

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Day 16: Set up Budget and Spending Alerts

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I know you've been waiting patiently for the last few chapters for the ebook – so here we go. With smartphones, SMS and apps, it's easier than ever to get automatic updates delivered straight to you wherever you are. Let's set those up today.

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Day 15: Get Direct Deposit

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There's almost no spiffy commentary I can offer about today's chapter. Direct deposit makes life easier. If you have access to it, then you should use it. There's almost no reason not to use it if you can. That's it. Read today's chapter and get it done!

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Day 14: Go Paperless

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Beyond the obvious financial benefits, Automatic Finances provides you with something that everyone desires: simplicity. You've got fewer bills you have to remember to pay. You don't have to remember to save … it happens automatically. And today, you're going to get rid of the stacks of paper that always end up creating a mess on [...]

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