Overdraft Fees
Fact: Overdraft fees are getting higher and higher every year.
Fact: Banks maximize the fees they get by choosing the most beneficial method, for them, of applying checks to your account.
Fact: If your largest check is for your mortgage or car, the banks method may be best for both parties - you may rather the bank pay that check first rather than letting it bounce.
Uncomfortable Fact: Nobody has to bounce a check. It happens if we are either spending above our means or too lazy to ensure we have enough money in the right account.
