| Buffer for Checking Account |    |
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| Amount of Buffer You Have In Your Checking Acct: | | None - I balance my checkbook | | 0% | [ 0 ] | | $0 | | 28% | [ 2 ] | | $1-499 | | 57% | [ 4 ] | | $500-$999 | | 14% | [ 1 ] | | $1,000-$2,499 | | 0% | [ 0 ] | | $2,500-$4,999 | | 0% | [ 0 ] | | $5,000+ | | 0% | [ 0 ] |
| | Total Votes : 7 | | |
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| Author | Message |
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mmg2681
Moderator
  
Age : 27
Joined : 13 Oct 2006
Posts : 679
Localisation : Newton Falls, OH
|  Subject: Buffer for Checking Account  Fri 07 Mar 2008, 10:05 am | |
| As I've posted this morning, I've bounced my first check ever.
I have been thinking that maybe I should have a buffer to avoid this in the future (because I dont have overdraft protection).
I was wondering if anyone here keeps a buffer in their account to avoid this happening.
_________________
"It is not how much money you make - it is how you spend it." |
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mmg2681
Moderator
Age : 27
Joined : 13 Oct 2006
Posts : 679
Localisation : Newton Falls, OH
| | Subject: Re: Buffer for Checking Account Fri 07 Mar 2008, 10:11 am | |
| I obviously submitted $0. I had $110 in the account until next payday (next Friday), but what is $110 when you write a check for $1093 and forget about it?
~M
_________________
"It is not how much money you make - it is how you spend it." |
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gayla50
Moderator
 
Age : 52
Joined : 12 Oct 2006
Posts : 3229
Localisation : Western North Carolina
| | Subject: Re: Buffer for Checking Account Fri 07 Mar 2008, 12:32 pm | |
| we keep at least $500 . that is because Frank isnt great with numbers so he keeps an extra money in his mine I keep at least $100 in mine
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Gayla
"They take great pride in making their dinner cost much; I take my pride in making my dinner cost so little."
---Henry David Thoreau (1817-1862) |
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Donna
Very Valuable Member
 
Age : 46
Joined : 12 Oct 2006
Posts : 1237
| | Subject: Re: Buffer for Checking Account Fri 07 Mar 2008, 6:19 pm | |
| | I clicked 1-499.00,,we will deposit a little over a check just for a "safe" feeling,,but after that check has cleared then we would use the extra money on dedit uses if needed. |
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Dancing Feather
Very Valuable Member
Age : 43
Joined : 13 Oct 2006
Posts : 259
Localisation : South Shore, Mass.
| | Subject: Re: Buffer for Checking Account Fri 07 Mar 2008, 7:51 pm | |
| | One of my accounts required a $300 minimum or I would get charged. I don't have that account but I still use the buffer. |
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kim
Moderator
 
Age : 27
Joined : 12 Oct 2006
Posts : 1693
| | Subject: Re: Buffer for Checking Account Mon 10 Mar 2008, 5:50 pm | |
| WE usually keep about $100 extra in,,,but lately we have had to use it  |
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| Buffer for Checking Account | |
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