The Payday Pundit likes pizza as much as the next blogger, but not enough to pay $117. This CNN story is about how overdraft fees on a pizza purchase had a multiplying affect on one couple’s finances. It also gives some good advice on avoiding a whole slew of expensive fees. From the article:
Fees aren’t just a cost of doing business anymore; companies have come to rely on them.
“It’s a slow evolution of how their business models have changed. Now, banks and credit card companies count on fees as a major source of their income,” says Rheingold. “It’s a gold mine for these guys.”
Filed under: Alternatives, Personal Finance, research
