ATM Machines Take a Bite Out of Your Budget

ATM machineOur Frugal Finance editor has a bit of advice for these had times: keep enough cash onhand that you don’t need to withdraw money at another bank’s ATM machine.

Why all the fuss?

On average, your bank will charge you around $1.32 to use another institution’s ATM, according to a survey in 2009.

Furthermore, the other institution will charge you an average of $2.22 to use its ATM.

You save cash by withdrawing money at your own bank, or keeping enough on hand.


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