Mar: Yes you are right in that we are responsible in tracking every penny. Many people’s rational is that it is just too easy to swipe a card and forget about it. But in the same way that customers of banks have spent “floating” checks from transaction to the next,it is no different or any less shady then banks who seemingly float the money on certain debit transactions. I’m not one for sympathy either which is why I’m about 12 hours away from going back to a purely cash system. Studies have shown that reality over purchases sets in and is retained longer when you actually hand someone 500 dollars for rent or 180 bucks for car insurance. Our modern society functions on visual stimulation so much so that we need it to unfuck our twisted spending habits. We need to be able to see what’s actually taking place at every turn in our money management and we have the responsibility to do so. What makes me really salty is that we’ve put a man on the moon so you’d think there would be some technological regulation in place at these banks to keep debits from taking place when the account is in the negative or there isn’t enough to cover the transaction. It is without a doubt in my mind, the worst of the worst in terms of poor business practice. I know for a fact that bank managers get bonuses based partially on fees issued.

To err is human but for a bank to forgive overdraft fees…well that’s just ludicrous.