What the heck is a passbook savings account?

One of the entrants for H&R Block TaxCut thumb drive giveaway #2 had never heard of such a beast. I had heard the term through my work on the supervisory committee of my credit union, but I didn’t know what the origin was. The passbook dates back at least to the 19th century in America. … Read more

Do your bank transactions silently

A few years ago I was in a doctor’s office and one of the assistants said, in earshot of everyone in the office, “Is your social security number 123-45-6789?” (No, that’s not my real social security number.) My response: “Gee, could you say that a little louder?” (She probably could have, but didn’t.) Similarly, one … Read more