Should You Keep Using Your Bank?

My bank just got bought by another, larger bank. Of course, my first thought was "What does that mean for my money?" Fortunately, Carmen Wong Ulrich, host of CNBC's 'On The Money', answered that very question from iVillager misshelms:

"I still have a job, DH (dear husband) still has a job; we pay our mortgage and all other bills. We've been trying for years to get ahead with our credit cards. We're finally there. We now can put away money because we have no more credit card payments. I'm just not sure if it's really a good idea to keep using our bank because it's going to be bought out by another bigger one."

Watch Carmen's answer:

 

 

Have a question for Carmen? Post it on our message board.

For more advice watch Carmen Wong Ulrich on ' On The Money', weeknights at 8 pm ET.

More tips for Bailing Yourself Out

 

Like this? Want more?
preview
Connect with Us
Follow Our Pins

Yummy recipes, DIY projects, home decor, fashion and more curated by iVillage staffers.

Follow Our Tweets

The very dirty truth about fashion internships... DUN DUN @srslytheshow http://t.co/wfewf

On Instagram

Behind-the-scenes pics from iVillage.

Best of the Web