Bank + Invest
Includes articles covering banking and investing
Calling my bank to get a fee refunded is truly one of my least favorite things to do. You most likely feel the same way, but I’m here to tell you it’s worth it. Banks made $11.6 billion in overdraft fees in 2015 and they are counting on you to begrudgingly do nothing about these ethically questionable fees despite a bill passed in 2010 that explicitly requires you to opt-in for ‘overdraft protection’.
One question I often get asked is, “how much should I keep in my checking account?” Magic numbers are hard to come by when it comes to personal finance and this question is no different. If you read an article or have a professional who gives you a one-size-fits-all solution, it’s probably a good idea to get a second opinion. Personal finance is meant to be personal, after all . So if there’s no magic number, how do you figure out what’s right for you?