Life Kit Don't Fall For The Unnecessary Fee Trap
May 21, 2020
Navigating financial fees can feel overwhelming, akin to accumulating parking tickets. Discover practical tips to manage your bank and credit accounts effectively. Learn strategies for building a financial buffer to handle unexpected expenses without relying on credit cards. Saving isn't just about wealth; it's about achieving personal freedom and happiness. Automate payments and manage credit wisely to avoid costly fees. Explore resources for better budget management and debt reduction to take charge of your financial well-being.
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Automate Bill Payments
- Automate your credit card payments to avoid late fees.
- Set up autopay for bills to prevent incurring extra charges.
Pay Credit Card Bills in Full
- Pay your credit card bill in full each month to avoid interest charges.
- Be cautious about auto-paying only the minimum, as this can lead to accumulating debt.
Overdraft Protection
- Avoid overdraft fees by linking your checking account to a savings account or line of credit.
- This provides overdraft protection without incurring hefty fees.