good-ideas

Crafty Michigan Credit Unions Implement A Lottery Worth Playing

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Save to Win gives Michigan residents the chance to win the lottery simply by purchasing a certificate of deposit. Here's how it works: residents who contribute at least $25 into a Save to Win CD are automatically entered into monthly drawings for a $400 raffle, and an annual drawing for a $100,000 jackpot. Even if you don't win, you still have an interest bearing CD.  More »

Enlightened Nation To Banks: Either Explain Excessive Fees Or Eliminate Them

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Australian consumers will soon be able to challenge any bank fee that they consider "unreasonable," thanks to a new law that could save consumers up to $1 billion. Banks that want to keep levying excessive fees for late payments and overdrafts will need to prove that the charges are reasonable by revealing the true processing costs behind the fee.  More »

The Restaurant Where You Pay What You Can Afford

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The Today Show featured a family restaurant in Maine that is letting their customers order what they can afford. The scallop dinner is normally $18.95, but if you've only got $8.00 -- they'll make you an $8.00 version.  More »

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