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But it can end up costing you big when it comes tobanking.

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Below are the top bankingtraps you could fall into if youre not careful.

However, he said this strategy also leaves a lot of easy money on the table.

A little more complexity can prevent a total loss in a worst-case scenario.

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However, he added, theres elegance and then theres stubbornness.

For example, stashing all of your cash in a checking account and refusing to entertain higher-yielding options.

In other words, one percent of one percent, or one penny per $100 saved.

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When it comes to fees for handling your money, low is not the goal its zero.

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