In today’s hasty economic world, money-making is not an easy task. One has to do a lot of hard work to earn even a single penny, then why to waste it in spending over pointless things?
In America, every single resident is laboring most of the time to meet ends needs, but still, they are getting dumped into the clusters of debt, on average about 71% of Americans have debts to deal with! 8 out of 10 Americans have admitted that they are spending erroneously on some unnecessary things without any authentic reason. Let’s drain out some of the reasons behind this debt closet.
1. Bank Dues
According to CFPB (Consumer Financial Protection Bureau), Americans pay a $17 billion bank fee every year for insufficient funds and overdrafts. Internet banking, ATM fees, monthly maintenance fees are all the additional expenses that you pay to your bank every month.
Its time to switch to a consumer-friendly bank that gives you some ease in these charges.