Allan Liwanag writes: “Many people, if not all, swear that fees are among the worst things ever created in the marketplace. Fees are a source of income for businesses, which generally and negatively impact the consumers’ pockets. They sneak up on our bank accounts, credit cards, and other financial products we have. Having said these, the consumers need to take responsibility for incurring these fees, in most cases. This post provides what readers may do to help them avoid paying bank and credit card fees.” Each year consumers pay billions of dollars in avoidable and unnecessary fees. In fact, America’s three biggest banks — JPMorgan Chase, Bank of America and Wells Fargo– made more than $1.1 billion on overdraft fees in the first three months of the year. Smart consumers should learn to avoid paying ATM fees and credit card fees. (thepracticalsaver.com)