We didn’t plan to make this episode… but after getting burned by minimum balance fees, we had to talk about it.

This started with us trying to close our Wells Fargo accounts—and realizing we’d been getting slowly chipped away by fees for years. From there, Tim went deep: why banks charge these fees, when “free checking” actually died, how banks quietly raise minimum balance thresholds, and why the whole thing feels like a rigged game.

In this episode, we break down:

• The real story: how small monthly fees quietly erode your money over time
• Why banks use minimum balance requirements and how they profit either way
• How “free checking” changed after major banking regulation shifts
• Why these fees hit business accounts even harder than personal accounts
• The ...