Rami
10-16-2009, 01:56 PM
...how people can be so stupid. Banks collect $17 billion in overdraft protection per year.
Some simple basic accounting here, folks. The banks are making tons of money because many people are ignorant. A debit card should be used just as if you're writing a check...only with less paperwork. You balance your checkbook when you get home after a purchase. If you don't have the money, don't spend it! :doh:
This is why you should always keep a $50-125 buffer in your checking account if you can help it, so in the event this occurs, you won't have to pay $15-40 dollars a pop for your own stupidity. :doh:
I don't blame the banks at all for taking advantage of people's stupidity, why shouldn't they?
People just need to learn some basic math and accounting techniques. Learning how to make change without a calculator would be a good place to start...I learned to do math without outside help....long division...multiplication tables...ah...the good old days.
Some simple basic accounting here, folks. The banks are making tons of money because many people are ignorant. A debit card should be used just as if you're writing a check...only with less paperwork. You balance your checkbook when you get home after a purchase. If you don't have the money, don't spend it! :doh:
This is why you should always keep a $50-125 buffer in your checking account if you can help it, so in the event this occurs, you won't have to pay $15-40 dollars a pop for your own stupidity. :doh:
I don't blame the banks at all for taking advantage of people's stupidity, why shouldn't they?
People just need to learn some basic math and accounting techniques. Learning how to make change without a calculator would be a good place to start...I learned to do math without outside help....long division...multiplication tables...ah...the good old days.