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Re: First Bank Account
| quote: | Originally posted by ::TranceVanDyk::
upon my 18th birthday, i applied for a bank account with savings and checking. currently, i put about 20% of everything i make or recieve into my savings account and the rest in my checking account. i just got my debit card which is a little exciting, but i dont want to rush into it and become a debtor. its pretty nice making your own money and not mootching off parents anymore. i now know what its like to work for the stuff i buy. much more careful with my spending habits and taking care of my stuff. otherwise, losing just a 30$ jacket is like working for 5 hours and not getting paid anything.
from the experienced TA's, how should i save, invest, and spend my money?? |
coming from someone who works in a bank, let me just tell you, be wise on using up your debit card, especially if it has a visa/mastercard logo
best advice i could give you is learn how to manage your checkbook, in order prevent overdraft charges, b/c those blow and the majority of the people who come into the bank in order to complain about overdraft charges is b/c they don't know how to keep track of what they've spent which only makes my job harder and they're life more complicated b/c they're spending unnecessary charges on pointless fees
now how you decide to spend your money is your business 
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