Banking is a necessary evil. Who likes their banker? Do you even have a personal banker any more? I see a different person every time I walk into my bank. Admittedly I don’t walk into the bank very often any more. I do most of my banking through:
- The bank’s Website
- The bank’s mobile app
- Various bank-owned ATM machines
And I also do some banking through other services, such as when I set up a direct debit on my bank account. I strongly advise against doing that, by the way. Direct Debits are a horrific evil practice. They have been wrongly billed as great conveniences but when you add up all the overdraft fees that banks have charged because of direct debits that were processed when your balance was too low, you’ll see that you can add $30-40 per charge to any direct debit. You should assume your direct debits will incur overdraft fees and budget accordingly. Continue reading