How To Guide For: A Look At Money Leaks That Are Draining Your Account & How To Stop It

When working a 40 or more hour work week you tend to look forward to two things Fridays and payday and maybe the occasional company after work happy hour after payday. But before payday even arrives there are some people like me who budget what they're going to do with their paycheck. I usually make a list and allocate how much money I need to spend on utilities, rent, food, phone bill and other bills. But not everyone makes a list and for those who don't sometimes payday comes and goes and you maybe saying to yourself wow what happened I can't remember what I did with my paycheck and how much I put towards X,Y and Z. Then in the meantime while you're waiting for the next payday you may end up taking from your checking and savings until your next paycheck. As you're doing this you are slowly creating a money leak that is draining your account. So I wanted to discuss how this could be happening. For starters once you start taking from your checking and savings and you get to a point when a withdrawal from your bank account exceeds the available balance you then get an overdraft fee. This bank fee drains your account if you're not carefully monitoring your account and what you're paying for. This is just one example of a money leak that is draining your account. To learn more and how to stop this from happening -- click the pictures below to read the articles.