Linux apps like Quicken are badly needed 3383
So anyway, it was like, 21:19 CET Mar 08 2006, you know? Oh, and, yeah, Timo Pirinen was all like, "Dude,
Banks are the biggest con artists there is. Even if you're not using cheques, banks are constantly using your money to generate revenue.
Consider what I just mentioned, bank transfers. Electronically, there's no reason the money you pay to a different account, even across banks, should take more than minutes to complete. Yet, after you've handed the money over to the bank for delivery, they usually don't show up at the receiver for a full day. If it was actual, physical, money that was being transferred, this would be totally understandable, but since it's just numbers, the bank has a whole day to use your money (for example to generate interest on whichever fund or other investment they have placed them in) before it has to release them.
Linux apps like Quicken are badly needed 3384
Timo Pirinen Many of us poor saps don't live paycheck to paycheck and can easily wait until the check clears. When...
Not to mention using bank cards to pay for goods. Not only does this make it safer for banks, not having to handle those bags of money, ostentatiously marked with large dollar signs, that the bad guys always steal, it also saves them the time to actually fetch the wads of cash. And, would you believe it, they then charge you for the privilege of using a cash or Credit Debt card (since it's so convenient for you, obviously), and charge the vendors for the privilege of letting customers use the cards (or at least so the vendors claim, sometimes taking out a surcharge for small amounts if you use plastic).
I'm totally in the wrong line of business.
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