Research shows that there are “savers” and “spenders” in all income classes, even those who make low to moderate incomes. And where there’s a will for people truly motivated to save, the government has provided a way. 
Consumers today are becoming more aware of the fact that banks and credit card companies are in fact a business. A money making business no less, that relies on their clients to earn big bucks. Banks make their money off of the products and services they provide for consumers as well as the interest, fees and penalties they charge for any transgression made by an unwary customers. With that in mind, we all need to use banks and many of the services they offer.
While it may be difficult enough as it is to save cash for emergencies, knowing that your bank isn't helping much doesn't bring comfort. However, the fees and charges the bank is getting from you is how they make their profits and are oftentimes done in a way that consumers don't even realize the true cost of banking. Being aware of these fees can help save you cash as many of these fees are small and relatively unnoticeable.
Once you've built up some cash for a short term savings goal, you'll need a place to store it until you're ready to use it. Maybe you've been saving for an upcoming family vacation, a down payment for a house, a new car, or just like to have access to money in the event of emergencies. Whatever your reason for saving the cash, it can be very disappointing to stash it someplace where it won't earn any interest. Here are things you should consider when saving your money for short term goals to gain the most financial benefit from those savings:
If you pay 11 bills a month, that's more than $4 each month. So, not just lower bills, but easier to pay as well. More than that, you'll save the time and hassle of all the paper, and it's good for the environment. The easiest way to get online bill pay is through your bank. But, you'll want to check out their terms first. Many banks only offer bill payment for free in certain situations. It might be a good time to shop around...
A great money saving tip concerning no charge ATM withdrawals. According to Bankrate.com, banks charge non-customers an average of $1.78 who use their ATMs to withdraw money. That's in addition to the average $1.25 fee charged by the customer's own bank for going outside of the ATM network.
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