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How not to overdraft your checking account 13 Articles

  • 1 of 13

    by Simon Wright

    Before detailing how you can avoid going into your overdraft, it's probably worth explaining the difference between an authorised and an unauthorised overdraft.

    An authorised overdraft is a credit facility that your bank agrees

    read more

  • 2 of 13

    by Jimmy Nightingale

    This topic can be interpreted two ways:

    1 - How to not overdraw your checking (or cheque) account; or
    2 - How not to set up an overdraft on your checking account.

    The first one assumes that you have some kind of account, without

    read more

  • 3 of 13

    by J Grady

    We have all had to do it at some point you have an unexpected bill arrive, an emergency, you need groceries and you are tempted to overdraw your checking account. Do not do it! Unless you are in some dire emergency do not even

    read more

  • 4 of 13

    by Dolens

    When it comes to finance and managing your money, one of the most basic (and vital!) aspects of building wealth and financial security is controlling the money that goes in and out of your bank account on a daily basis. Failure

    read more

  • 5 of 13

    by Dawn Hawkins

    Keeping your checking account in good order is the first step to not overdrafting on it. There are large fees associated with this type of behavior. The bank will charge you up to $35 every time they receive a check that you

    read more

  • 6 of 13

    by Hansen Wijaya

    In this era, we should have the technology to solve the NSF fee issue. Banks should have IF-THEN-ELSE program that automatically reject if there is not enough amount in your bank account to transfer. When you transfer the

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  • 7 of 13

    by Marco Angioni II

    An overdraft on your checking account means that more money was withdrawn from the account then was available for withdrawal. This is a problem because it could result in a bounced check (a bounced check is a check that cannot

    read more

  • 8 of 13

    by Brenda Halverson

    I have the answer, and it is so simple it will amaze you! Spend less than you make. Yes, that's all there is to it!

    No, you say. There must be a formula that will magically increase my money, so I can just keep buying, and have

    read more

  • 9 of 13

    by Jennifer Marie Pantoja

    Yeah, you're a big diva hittin' up Kitson (TJMaxx). A swippy swipe here and a swipe swipe there, you have money in the bank so you aren't worried about spending money you don't have. Banks are billionaires so if you happen to

    read more

  • 10 of 13

    by Daniel Xiao Wang

    Bank fees can easily and quickly cost you a great deal of money. As interest rates drop and banks are able to make less and less money through the overnight rate and lending bank fee revenue becomes an important source of income.

    Overdraft

    read more

  • 11 of 13

    by Lacey Guy

    I have worked at a couple of different banks in my lifetime. Some things were obviously different and others the same. One major similarity was the amount of people that overdrafted (or spent money when they did not have it.)

    read more

  • 12 of 13

    by Hardworker

    Over drafting you checking account is one of the things you don't want to get yourself into. I had the experienced over drafting my account and I was lucky enough to not to get my account closed. So speaking from my experience,

    read more

  • 13 of 13

    by Melvin Richardson

    If you want to avoid over drafting your checking account then you should become a good money manager. You should know every single expenditure you have going out and make sure you log them into your check registry especially

    read more

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