Monday, January 2, 2012

Too-Big-to-Fail? I don't think so.

In honor of Money Monday and the first Monday of 2012, I dedicate this post to Big Banks, and the notice that average Americans are sending you.
You are not too big to fail.

If you haven't already, now is the time to move your money out of big banks.
Consider it the healthiest New Years Resolution you can keep.

Arianna Huffington recently wrote a great piece on moving your money out of big banks, and supports the Move Your Money project.

In a time when corporations are people, and our elected officials seem to have more concern for the bottom line of business than the health and well-being of the populous, your dollars now become your voice.
... and collectively, our voice is powerful.

*Netflix lost 800,000 customers in the 3rd quarter alone after it announced a 60% price hike.

*Verizon scrapped their '$2 convenience fee' due to customer backlash.

*In the 3rd Quarter alone, more than 650,000 people moved their money to credit unions. (See articles here, here and here for more info).
(To find a Credit Union, or research your options, click here and go to the National Credit Union Administration)

If you don't think you matter, you are wrong. Your money matters. If you want to see a more sustainable, locally driven economy in your community, then support the local businesses with your dollars.

"Be the change you want to see in the world."

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