overdraft fees Archives - Budget and the Bees

How Much Cash Should You Really Keep in Checking? The ‘Sweet Spot’ Most People Miss

Opening your banking app and seeing a large checking balance can feel secure. However, for many adults, that big number indicates poor cash management. Keeping too much money in a non-interest-bearing account drains your potential wealth. Conversely, keeping too little leaves you vulnerable to predatory overdraft fees. Today, we are exposing the mathematical sweet spot […]

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How to Fight Overdraft Fees

ta No one intends to overdraw their account. Overdraft fees are usually the result of an honest mistake. Unfortunately though, most banks charge a penalty when your account balance drops below zero. While fees vary between institutions, the average amount is just over $33. This fee can increase rapidly as well if your bank chooses