The average adult has used the same checking account for over 14 years. That’s good news if people are happy with their accounts. But the fact is that many people are losing money thanks to fees and other charges. In fact, the average checking account holder pays $7.69 in fees per month.¹ If you’re also paying fees on your checking account, know that there are other options out there, including at Advancial.

If you’re overwhelmed with high-interest credit card debt, or if you want to simplify your finances, you may want to consider a balance transfer. A balance transfer occurs when you move the amount you owe from one or more credit card accounts to another credit card, preferably one with a lower interest rate.

Getting out of debt may sometimes feel like digging out an entire beach with a child’s toy shovel. But ditching your debt is not impossible.