As with any business, you have to keep in mind the simple fact that businesses are there for one purpose ... and one purpose only. To make money. True; some are 'NON-PROFIT', but that only means that the 'business' doesn't make a 'profit'. If the 'business' starts making 'profit', it MUST find an 'expense' to use up the profit. That expense can be in the form of bonuses for the CEO and Board of Directors. So remember that Banks (and Credit Unions) are in business for profit.

Like any other business, banks make profit when income is larger than expenses. So how do banks get income? Their income is the interest on the loans you have with them. They also get income from monthly service fees. And from bounced check fees, etc. The more loans you have; the more income they have. The more savings you have; the more expense they have. It's their desire to give you enough loans to put you at the brink of bankruptcy. That's where they have maximum income from you. If you file bankruptcy; they loose that income. That's why they carefully qualify you for the loan. They don't want to put you over the edge; just take you .. right .. up .. to it. So you see, it decreases their income when you pay off a loan. And it increases their expenses when you save for a purchase. Do you see now why they don't want to help you get out of debt?

So why are some banks starting to think about offering The Automatic Budgeting System (TABS)? Simple ... Monthly management FEEs. If you start using our system offered through the bank, they'll charge you a management fee. If you want to avoid the fee; you either don't use the system, OR, you set it up yourself.

So if banks aren't on your side; who is? Good question. We'd like to think that we are. Financial Advisors, Counselors, and Planners all have their agenda to. They all want to get you to invest for the future ... with the mutual funds that give them a kickback. I spoke with an advisor that quit the job because he couldn't LEGALLY tell his clients where the better investments were. He worked for company 'A' and therefore couldn't LEGALLY tell his clients about the better investments offered by company 'B'. (This is why you need to shop around.)

These legal and ethical issues are why we don't take kickbacks from any company. We want to stay neutral so that we can tell you how financial things really work. True; we also have an agenda ... we want you to buy our products. (At least we can be open and honest about HOW our business works.)