Quote:
Originally Posted by BVF
I never paid attention before but if it really adds up to $1300 then that's crazy..
Hmm..Never thought of that...
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Actually for me that would be even more.
I currently get 6 ccbill checks and due to different businesses and accounting I can not merge those 6 into less than 6. At 30.00 each, thats 180.00 a week, 740.00 a month, and 9,360.00 a year in wire fee's. Which fuck that is almost a half of a middle classes singler persons yearly income.
Assume I allow them to build up to a monthly sum then wire. I am looking at still 180.00 a month, or 2,160.00 a year to get my money. Not including 3 weeks per month of lost interest or using the money for investments.
Now yes the wire fees are tax deductable but I have more than enough deductions.
Oh in all that I also forgot to add my banks incoming wire fee's. Those are also 20.00 a pop. Hmm 50.00 per check, x6 = 300.00 x 4 = 12,00.00. x 300 x 52 = 15,600.00