When it comes to traditional banking, overdraft charges seem like a normal annoyance that we must put up with – and do we ever! In fact, last year Americans between the ages of 18-25 forked over $1 billion in overdraft fees alone!
If you’ve often wondered why you’ve been charged fee after fee just for the simple act of keeping your money at one bank, then you’re not alone. Turns out, checking account fees are some of the biggest irritants when it comes to banking – and consumers have had enough!
When it comes to credit cards, it is so easy to overspend each month and fall into a cycle that is difficult to break.
As all the world’s financial markets are losing trillion’s of dollars almost daily, I am having to think “What is money anyway?” It is more than pieces of paper with pictures of deceased notables on it as Anthony Robbins says. Some say that it is financial currency for the value placed on the exchange of service from one party to another.
In today’s economy, more Americans than ever are sliding into credit card debt. While it can be easy to fall into that “buy now, pay later” kind of mindset, don’t fall for it! This is one of the easiest ways to get yourself into some pretty insurmountable credit card debt. If you’ve been looking to find a more permanent solution to your debt problems, then you’ve probably never considered using prepaid debit cards before.
