{"id":2039,"date":"2015-05-29T13:54:33","date_gmt":"2015-05-29T17:54:33","guid":{"rendered":"http:\/\/www.myfinancialfocus.net\/mainsite\/?p=2039"},"modified":"2025-08-24T06:38:41","modified_gmt":"2025-08-24T10:38:41","slug":"over-1-billion-in-overdraft-fees","status":"publish","type":"post","link":"https:\/\/www.myfinancialfocus.net\/mainsite\/index.php\/over-1-billion-in-overdraft-fees\/","title":{"rendered":"Over $1 BILLION in Overdraft Fees!"},"content":{"rendered":"<p>I learned something this week in an article I read. \u00a0From that article I learned that 2015 is the first time that banks are being required to disclose their overdraft fees. Heather Long, writing for CNN\/Money, also showed me that the &#8220;big three&#8221; banks have made over $1.1 BILLION in overdraft fees &#8211; just in the first quarter of this year. \u00a0Unbelievable!<\/p>\n<p>She noted that they are on track to make $4.5 BILLION for the year and that would equate to roughly $20 per each American. When you look at all the 600+ banks reporting for the first quarter, the total was $2.5 BILLION.<\/p>\n<p>Are your contributing to this? \u00a0What could you do with that money?<\/p>\n<p>Overdraft fees are a picture of poor money management. For most people, it is a simple mistake and often made because you are not using an account register.<\/p>\n<p>For others it is simply a way of life and a result of not managing what they have and then asking why they do not have anything.<\/p>\n<p>Living on a plan, living to your plan, and tracking your path will help you keep your money in your pocket.<\/p>\n<p>Want to read the story &#8211; <a href=\"http:\/\/money.cnn.com\/2015\/05\/27\/investing\/overdraft-fees-over-1-billion-big-banks\/\" target=\"_blank\" rel=\"noopener\">click here<\/a>.<\/p>\n<p><strong>How are you successful in not incurring overdraft fees? \u00a0How can you help others? \u00a0Leave a comment below.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I learned something this week in an article I read. \u00a0From that article I learned that 2015 is the first time that banks are being required to disclose their overdraft fees. Heather Long, writing for CNN\/Money, also showed me that the &#8220;big three&#8221; banks have made over $1.1 BILLION in overdraft fees &#8211; just in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,3,9],"tags":[],"class_list":["post-2039","post","type-post","status-publish","format-standard","hentry","category-banking","category-coaching","category-saving-money"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Over $1 BILLION in Overdraft Fees! - Financial Focus<\/title>\n<meta name=\"description\" content=\"Are you one who is contributing to the billions being paid to banks for overdraft fees? 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