Overdrawing Grace - #4061
Monday, August 5, 2002
There's one kind of mail from the bank that nobody wants to get - you know, that notice that you've overdrawn your checking account! Especially when they sock you with a penalty for it. It can happen because you've been traveling or unusually busy, or you know, kind of cutting things pretty close financially, or just because you inadvertently wrote some checks before your recent deposit has cleared. You can't try to buy or pay before the money is there to cover it, or you'll just end up paying for that.