Good advice: Move Your Money

Laurent Belsie of the Christian Science Monitor has a bit of good advice regarding big banks:

Take your money out. That’s right. Take your checking and savings account out of that big money-center financial institution and move it to a community bank or credit union.

There’s even a movement afoot to help consumers make the switch, called Move Your Money, with a well-timed message and a good video.

Move Your Money is a project from the Huffington Post, Institutional Risk Analysis (IRA), and the Roosevelt Institute, says

Move Your Money’s objective? Simple: move your money out of the big, out-of-town banks and put it into a local financial institution. They’ll even help you find one.

The project has received media attention since its launch, which is timely considering all the bailouts and credit card shenanigans big banks are involved in.

Check out the video, which uses “It’s a Wonderful Life” to make a good point about big, out-of-touch banks and how they can affect everyday Americans.

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