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NBA star overdraws bank account

By David McMillin · Bankrate.com
Thursday, November 21, 2013
Posted: 6 am ET

Professional basketball stars might earn millions for winning games, but managing those millions can be a losing battle.

Just ask Evan Turner, a forward-guard for the Philadelphia 76ers. Late last week, Turner posted a photo of an ATM receipt with an available checking balance of $-48.81 on his Instagram account. A sarcastic caption accompanied the photo: "Bank account look like im ready for early retirement…" Based on the receipt, it looks like the former first-round draft pick attempted to withdraw $50 from his checking account, which appears to have had a whopping balance of $2.69 before the transaction.

To frame this online display of Turner's banking troubles, here's a bit of context. Lately, Turner has been the subject of potential trade rumors. The franchise did not sign him to a contract extension by the Oct. 31 deadline, and Turner appears to be frustrated with the talk surrounding his future. This photo may be a suggestion for writers (like me) to write about something other than putting Turner on the trading block. In fact, Turner's next post included the caption, "Lame bloggers should get a life. #writeaboutthat"

Unfortunately, I haven't gotten a life. Instead, I'm writing about Turner's personal finances. I'm guessing that he has another account. In fact, he probably has many other accounts. The star will earn more than $6.7 million this year. With that kind of salary, I think he may be able to avoid the overdraft fee.

Still, the photo is an important reminder for average banking customers: It's not a good idea to post about your personal finances. Turner's photo includes the last four digits of his checking account. In today's world, cyber thieves can easily pounce on this snippet of information to drain your bank account. Although, in Turner's case, it seems those criminals would not get very far.

How do you keep up with your bank account balance? Do you log in to your account? Or do you do it the old-fashioned way and write your transactions in a checkbook?

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30 Comments
mysi
January 04, 2014 at 9:31 pm

omg...such sheep you are!! it was not his ACCOUNT number on the receipt, it was the last 4 of his CARD which is NOT EVER the same as the account number!! for pete's sake of america! please please learn the difference!!

Mark
January 03, 2014 at 12:06 am

"Turner's photo includes the last four digits of his checking account. In today's world, cyber thieves can easily pounce on this snippet of information to drain your bank account."

No they can't! Your ENTIRE bank account number is at the bottom of EVERY SINGLE CHECK you have ever written. Banks know this. Knowing a persons account number gets you zip.

Shrum Blumfield IV
January 02, 2014 at 12:15 am

The secret is to not have a bank account that can even possibly be overdrawn. Get one such as Bluebird. When it reaches 0, your done until you add more funds.

K…
January 01, 2014 at 10:10 pm

Jean-I had to respond... $1.50 ATM fee. That would make the diff. :)

Jean
December 24, 2013 at 9:39 am

The math doesn't work out. If he had $2.69 and tried to take out $50, he would be -$47.31, not -$48.81

Blackie
December 15, 2013 at 2:04 pm

I use on line banking and love it.
I've written 2 checks in three years.

Davek09
December 15, 2013 at 9:52 am

melody..no it isn't. He posted the photo of his ATM receipt for all to see on Instagram while attacking writers. Therefore the writer has the right to criticise him for it while talking about his finances.

melody
December 13, 2013 at 2:30 pm

This isn't news worthy at all and an invasion of privacy

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December 12, 2013 at 11:47 am

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Deedee
December 12, 2013 at 1:47 am

Who cares!!!!!!!!

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