Everything down here runs on cash. Well, cash and tobacco. Even if I do get a paycheck, I'll lose a cut off of the top of it just to get it turned into cash. The alternative is opening a bank account. Using the library internet, I looked up costs to open up a bank account:
Local Bank A: ??? to open an account, $3 monthly for a balance <$250
Natl. Bank A: ??? to open an account, $12 monthly for a balance <$250
Local Bank B:$100 to open an account, $0 monthly fee
Local Bank C:$100 to open an account, $0 monthly fee
Natl. Bank B: %50 to open an account, $7 monthly fee
Local Bank D: LOL, NOPE!
Local Bank E:$100 to open an account, ?? monthly fee
Local Bank F:$100 to open an account, $0 monthly fee
Natl. Bank C: ??? to open an account, $0 monthly fee
Local Bank G: $50 to open an account, $7 monthly fee
So, I guess if my first check comes in to over $50, I can open an account with Local Bank G. I'll be paying $7 a month from then on out for banking. Now, they might have other accounts whenever I get more money or a minimum balance that waives the cost, but for now, that's what the number is.
The alternative is that if my first check is less than $100, I cash it, pocket it, and open up an account at Local Bank B after my next pay period.
Or maybe it's $100 straight up and all of this is academic.
It doesn't seem like much, but right now if I were to interview downtown and work five days out of a week before my first check, I'm down $12 before I see any money ($1 bus rides each way). I could stretch that by walking home at night, which I'll have to because I don't have $12 to spare. I rolled into town with $15, but I've spent $4.40 of it and $5 is in reserve for park fare in case I end up climbing the mountain anyway.
This leads me to a theory I'm going to talk about later.
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