Oh egad, now "they" want to dictate the way I handle my money. "They" being the powers or people that are the ones who keep telling us we "must" do this or "must" do that. Like, for example, changing to digital without any choice in the matter was a few months back. It feels more and more like my life is not my own anymore. There is always someone telling me that I must change but I don't want to change their way. I want to do things the way it makes the most sense to me. What am I upset about?
For a long time I hated the idea of not getting my cancelled checks back and having to pay a fee to get a copy of one if there is ever a question about whether I paid a bill or not. Now the banks are getting even more control over my (our) money. We don't have a choice in the matter.
This morning I heard about some new banking regulations that are going to be in effect next month. I thought my readers might want to know because it may change the way you do banking too. We are going to be limited to 6 transactions a month including automatic bill pay, atm transactions, and some other things. I'm not sure if this means regular checking accounts or just savings accounts or what. I'm still trying to figure it out myself and how it's going to change the way I do banking. Especially online purchases and store purchases with my card.
You may want to check the website of your own bank to find out more. I think I'll look at my bank's site after I finish in the kitchen. This is a link that explains Regulation D better than I can.