Financial Regulation
Financial Regulation
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6 ways to avoid pesky overdraft fees

Coordinate joint accounts
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A joint checking account can be a land mine for overdraft fees if you and your co-account holder don't agree on spending priorities and neglect to keep each other informed about withdrawals. Some couples agree to preset spending limits or choose to stick with separate accounts to avoid conflict.

"You have to have great communication with the other person or you have to have a system where you are both recording your payments so the other person can see them," Kaplan says.


 

 

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