Saving and bouncing checks

Avatar for zaboz
iVillage Member
Registered: 03-26-2003
Saving and bouncing checks
Tue, 07-01-2003 - 11:28am
I thought I was doing really good because I transferred

$500 over to savings yesterday. Well I forgot about a

$100 utility bill that will probably come out of our bank account today.

We SHOULD have enough but it's going to be tight.

As long as I haven't forgotten anything else.

I guess I still don't have a handle on our finances.

I'm glad that I saved the money instead of spending it

but it's still irresponsible. And because it was

transferred to ING I can't

do much about it right now.

I hope we make it without being overdrawn.

I thought those days were over. :(

iVillage Member
Registered: 03-26-2003
Tue, 07-01-2003 - 11:47am
I can so relate. I can't tell you the number of times I have done that. Luckily though I have overdraft protection on my checking account - well maybe it is not lucky cause I often use it as a crutch and need to stop doing that.

Hope it all works out for you.

Avatar for karenester
iVillage Member
Registered: 03-26-2003
Tue, 07-01-2003 - 1:57pm
Can you notify your bank that you may have transferred funds too soon, and ask them for a temporary overdraft protection or to at least notify you before refusing to pay the utility fee if it is too much?

I don't know if you have overdraft protection, but if you don't, giving the bank heads up *may* lead to them helping you this time.

just a thought