The Money Experiment - Day 2 - Bank Fees
Written by praveen on November 14, 2008 – 8:20 am
I’d disclosed my bank balance in my previous post and as you could see, my financial future wasn’t looking too bright! In fact, that was the very reason I started this experiment. Today, like everyday of the past week, I happened to check my bank balance again. What do I see? My bank has charged me a service fee of 3 dollars further reducing my balance down to 95.06. I’m just waiting for that one unknown transaction to happen that will put my balance in the negative. Add to it a $39 over-the-limit fee, twice! Tomorrow is Friday and hopefully my paycheck arrives. I’m a contractor, so I mess up my timesheets and my paycheck doesn’t show! That is what happened the past couple of weeks.
Coming back to bank fees, I still have a hard time comprehending the fact that a bank actually charges you money to keep your money in their bank. Isn’t it supposed to work the other way round? Guess banks have a lot of homework to do, if you think about all the financial diarrhea we’re going through. Anyways, that is an altogether different post right there.
Let’s just hope that my paycheck shows tomorrow.
Tags: Economy, The Money Experiment
Posted in The Money Experiment |
