3 reasons people like paying overdraft fees

In the world of finances, the two most reviled words are almost certainly “overdraft fee”. Getting an overdraft fee is adding insult to injury, punishing you for paying with money you didn’t have in your account by making you pay with more money you don’t have in your account.

Of course, nothing’s completely bad. After extensive research, we’ve discovered some reasons why people might actually enjoy paying overdraft fees. We’re not saying they’re good ones, but they are reasons.

They Have Too Much Money

Overdraft fees are usually around $20 or $30 for each transaction. For most of us, that’s money that would be better spent on literally anything else, such as groceries, clothes or even going to the movies.

 

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