BMO, You Can Do Better! It Pays to Make Changes 💰💵
Yesterday I walked into $BMO to close a chequing account I wasn’t using. It came with a small monthly fee. Nothing major. But why pay for something that adds no value? The advisor refunded the fees and closed the account. Now I only keep my Canadian and U.S. dollar credit cards there. It made me think: how many small decisions are quietly shaping your finances? A subscription you forgot about. A daily coffee you don’t think twice about. A bank fee you’ve accepted as normal. An automatic transfer you never set up. Individually, they seem minor. But small decisions compound in both directions. That’s why Atomic Habits resonated with me. James Clear’s idea that tiny actions create big results applies to money too. Small habits can build a better life, and a better balance sheet. Wealth isn’t just about earning more or finding the next great investment. It’s also about reducing friction. Unnecessary fees compound against you. Every dollar that leaves your account is a dollar that can’t be invested and grow for you. So ask yourself: What am I paying for that I don’t use? What could I automate? What small leak have I ignored? Don’t assume the status quo is the best option. Review your accounts. Question your fees. Ask for refunds. Close what you don’t use. Banks can do better, but we have to advocate for ourselves too. Wealth is built by hundreds of small choices that compound over time. What small change have you made lately that has or will have a big impact?
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