grimwerk: If you invest your 50 cents
Wisely in the bank
Safe and sound
Soon that 50 cents,
Safely invested in the bank,
Will compound
And you'll achieve that sense of conquest
As your affluence expands
In the hands of the directors
Who invest as propriety demands
Not here.
When you have less than 1000$ in your bank account, they charge you service fees at certain intervals.
When I was a kid, I had 10$ in my bank account. 2-3 years later, when I went to withdraw the amount and close the account, I found out that they had already closed my account, because the recurring fee had made my account balance negative.
That day, I learned a valuable lesson in capitalism (or more fundamentally, leverage dynamics in free for all economics): You gotta have leverage to get respect. If you have leverage, people will treat you with consideration. If you don't, they'll screw you over.
In the case of the bank, the leverage is the amount you have in your account and to what extent they'll be hurting if you pull it out. If you have a lot, they won't charge you recurring fees and call it good service to keep a customer. If you have little they'll help themselves to some of what you got and tell you to go elsewhere if you are unhappy.
