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> The banking reforms that took effect in 2010 have made it more difficult for banks to screw people with overdraft fees. The rules have changed but the game i
by briantakita 12y ago
> The banking reforms that took effect in 2010 have made it more difficult for banks to screw people with overdraft fees.
The rules have changed but the game is still the same.
> I have a friend who, while not truly poor, is financially irresponsible and he has come to plan on paying overdraft fees every payday because he can't control himself for one month and not overdraw his account.
Sounds like he may be better off not having a banking account. It's easy to call someone irresponsible with this externally imposed money game, however there's much more important things in life than money. We should be focusing more on those things, make those things priority, & give those things more value.
- LordKano 12y ago>It's easy to call someone irresponsible with this externally imposed money game, however there's much more important things in life than money. I take your point but my friend really is irresponsible with money. For example, going shopping for "groceries" at the convenience store across the street because the 5 minute drive to the supermarket is too long or spending money at the bar when he knows that he has bills due before his next payday or putting off a utility payment or the purchase of required medicine so that he can buy... party favors.