Free Ebook.

Enter your email address:

Delivered by FeedBurner

« The Best Meal-Kit Delivery Service is None | Main | How to Save on Healthcare Costs »

December 11, 2017


Feed You can follow this conversation by subscribing to the comment feed for this post.


I agree with you, this shouldn't surprise anymore, but it still does. I often think of how shockingly little people seem to care or know about their finances. Even such a simple thing as to know how much is in their accounts.

You would think that it wouldn't be so hard today either with all the apps and things that can give us easy access to our financial info.

I guess we're just very slow learners when it comes to our money.

Have a great day and thank you for sharing your thoughts!

That 15B in overdrafts divided into 100M households is something like $150 per household per year on average. It's not chump change, but it pales in comparison to the elephant in the room, namely yesterday's headline "Average US household owes $15,654 in credit card debt". Hopefully most of this is at 0% APR but I would guess it isn't-- if the average is ~10%, then the interest paid by the average household is 10x what they pay in overdraft fees.

The comments to this entry are closed.

Start a Blog


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.