Sticking with the wrong bank
You might be comfortable with a bank, especially if you've been there a number of years. However, it may be time to make a switch "if you're paying for something you can get for free somewhere else," says Tyler Gray, founder and principal adviser at SageOak Financial LLC in Tulsa, Okla.
Perhaps you've had a checking account at a bank close to your home for the past decade. When you opened the account, there was no monthly fee. However, in the past year the bank added a regular fee for the same type of account.
If the new charge is $8 per month, you'll have to pay almost $100 each year to keep the account. To cut the expense, look into another option such as a credit union or online bank that charges fewer fees.