I hate when people whinge. I know I’m whingeing about people whingeing, but hear me out.
I hate when people whinge without trying to fix the problem. I call these people the Do Diddly Squat Brigade.
My friend Ivan is a colonel in the Do Diddly Squat Brigade. He loathes his bank and he lets people know constantly. That’s all he does: lets people know, while doing diddly squat.
Ivan’s gripe is about the fees his bank charges him: account keeping fees, card renewal fees, overdrawn fees, fees for owning a dog named Fifi, fees for being able to touch your nose with your tongue. The usual ludicrous fees.
“It’s extortion,” Ivan whines, “something must be done! The Government should take action!”
“Why don’t you change banks? To one that doesn’t charge ridiculous fees?”
“No. It’s too hard. I work full-time.”
“Okey-dokey,” I say, as I call the waambulance. “Hello operator, I have a sooky la la here who won’t do anything to fix his boo-boos.”
People who complain about bank fees: you’re the one who signed up for the bank account. It was your choice.
It’s not like you were in a dungeon with Alf Stewart who told you the only way to escape was by opening a bank account (if it was you need to contact Today Tonight).
Every few days there’s a news story about banks “gouging” customers. Invariably somewhere in the article a Mr or Mrs Crybaby calls for Government action — “Julia Gillard should do something about these evil banks, how dare they charge me the fees that I agreed to by signing a contract! Mummy! Mummy Government can you burp me and change my diaper, I’ve done poopy.”
Our flag should just be a picture of a grown man being breastfed.
I’m no bank lover either. Banks are run for the profit of shareholders so they’re compelled to try to beat as many gold coins out of you as they can. But the solution to these grubby hustlers is not more Government regulation and power.
The answer is to find a better place to dump your money.
About a year ago I left my bank because of its exorbitant fees. For legal reasons I can’t say which one but I can say it rhymed with Shmommonwealth Yank.
I took my lifetime savings of $0.63, did some research and joined a credit union.
Credit unions have been around for centuries.
Instead of being run for profit like a bank, a credit union is a not-for-profit owned by its customers and run for their benefit.
Banking with credit unions is cheaper and fairer because your account isn’t just meat for drooling shareholders.
They’re a fantastic example of how ordinary people can work together to achieve social good without running to the Government.
So if you’re unhappy with your bank then quit.
Switch to a credit union. If your bank is screwing you get out of the sex swing.
As originally published in mX.