Monday, September 14, 2009

From Piggy Bank to Swiss Bank

Pig in a Panic!

You may be wondering what it will take to turn the banking industry around. I don't claim to have all the answers, but my Piggy Bank has turned his back on me.

This drastic attitude was a long time coming. I believe it started when deposits were no longer filling his belly. Mellon and then Citizens swayed me to feed their voracious financial appetites instead. Month after month automatic deposits went into my checking account.

And just last month, I discovered the ease of online banking. With a click of the mouse, I was able to transfer funds from one of my accounts to another. If you would like me to prove this to you, just email me your checking account number and I'll do the math!

Here's my next dilemma: do I return to my lifelong friend, Mr. Pig or continue to safeguard my substantial assets from public scrutiny and heavy-handed taxation by looking toward the very attractive option of the Swiss Bank Consortium? Swiss bank accounts can be opened for as little as $350 to $550, plus a small initial deposit. Opening deposits of $200,000 are often the minimum.

What to do? Offshore or offline?

Pig Bank vs Swiss Bank
I'm "Kanela" to Mr. Pig. I'm only a number to Switzerland.
Less "banky" vs More "banky"
Cash on hand vs Can't hold the cash
Muddy, but fun vs Clean

The deal breaker came down to a motto. I had decided on Bank COOP - Switzerland. but then I realized their motto was: COOP. The clean Swiss bank. Cleanliness is not high on my list of banking requirements, so I am turning my personal economy around and embracing my Piggyness.

Please deposit your cash and comments @ Kanela is very "interest"-ed.

To my brother, Patrick: The dime I stole from you when I was 6 and you were 9 is still in Mr. Pig!

1 comment:

  1. It's a good thing that dime isn't in a real bank or they'd tax it.


Print Friendly Version of this pagePrint Get a PDF version of this webpagePDF