Saturday, January 2, 2010

Move your money!

This idea is so brilliant and obvious, that I am ashamed that I didn't think of it.!

You money is probably in one of the too-big-to-fail banks that caused this mess with their CDOs and increased leverage.  Take it out of there and put it in a bank that acted responsibly.  They might be too big to fail, but they don't have to stay too big.

The MoveYourMoney website has a tool to help you find a stable community bank near you.

You might also look at Kasasa (pronounced with three short a's, "kah-sah-sah".)  Kasasa is run by the folks over at FirstROI / BancVue, who are in the business of helping community banks get onto the web and offer the same sort of web-based services that the big banks offer.  Kasasa is a give-back-to-the-community effort, helping these local community banks find innovative ways to engage their communities to make positive social impacts.

This is the most important New Year's resolution you can make.  Make a difference.  Move your money!

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