posted on Nov, 27 2013 @ 05:53 AM
reply to post by ObservingYou
I have no idea. But I do know that with my bank, Banner Bank, I have ordered something off Paypal before. It will try to withdraw money from the
account, charging me $30, but somehow won't get the money. That has happened up to 3 times in a row with the same $2.00 charge before, running me $90
This is a big issue, with the bad economy, I'm not able to afford that. So... I have two solutions that I am implementing. The first one is to save
$50.00 and use that as a buffer, so basically treat $50.00 as a $00.00 balance. The second solution involves any overdraft being taken from my
parents' bank accounts (with their permission).
That's the best I can do. Overdrafts suck because, for example, with Paypal - purchases from E-bay won't come in for a week or more, so using the
electronic balance doesn't work. Also, services like Netflix, that are going to charge you randomly in the middle of the month -
Without keeping a paper copy of all of your balances in addition to the electronic bank balance, working on a small budget, overdrafting is an issue.
I wish you luck.
We aren't the only ones who have trouble with this. At a recent board game night, all four of us happened to have had overdraft fees - a school
teacher, a bouncer, a scientist and myself.
edit on 27amWed, 27 Nov 2013 05:55:14 -0600kbamkAmerica/Chicago by darkbake because: (no reason