by Marsha S.
Member since:
February 13, 2007

August 25 Investing For the Future (Christian)

August 25, 2008 08:55 AM EDT
views: 47 | comments: 25
Stern discipline awaits him who leaves the path; he who hates correction will die.   Proverbs 15:10


It is a bad financial decision to use automatic overdraft loans for checking accounts.  They encourage users  not to balance their checking accounts because users know the overdrafts will be covered.  Automatic overdrafts also are high-interest loans that are difficult to pay off.

Taken from the Investing for the Future calendar by Larry Burkett
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Comments: 25

Dan H. Aug 25, 2008, 9:02am EDT
Thank You For Posting To:
http://friendsofdanh.gather.com.
Our goal is to help you further your exposure and to support other gather members.
Rae M. Aug 25, 2008, 9:44pm EDT
Very true!!
Digital Diva S. Aug 25, 2008, 9:46pm EDT
Good thought!
Glome . . . Aug 25, 2008, 9:52pm EDT
It's too easy to give into your desires when you have that system set up. I would think many would eat up any savings.
Aimee "I Love Points" K. Aug 25, 2008, 10:12pm EDT
very true
Nancy Biri Jun 5, 2009, 11:45am EDT

Very true
Jo N. Jun 5, 2009, 3:21pm EDT

Thank you for sharing!
Cynthia J. Jun 5, 2009, 4:06pm EDT

Very true
Tiffany v. Jun 5, 2009, 6:44pm EDT

thanks for posting
Elizabeth S. Jun 6, 2009, 3:30pm EDT

excellent advice
Renita P. Jun 7, 2009, 5:36pm EDT

good advice

~3,000 Here We Come!~
Nurse Nancy S. Jun 8, 2009, 12:53pm EDT

Don't use them.
Tiffany v. Jun 10, 2009, 11:03pm EDT

thanks for sharing
Jeana Hamilton Jun 12, 2009, 12:36pm EDT

thanks for the advice!
t w. Jun 12, 2009, 12:42pm EDT

thanks
Nancy Biri Jun 12, 2009, 12:48pm EDT

Thanks
RJ H. Jun 12, 2009, 1:05pm EDT

Hello from....

 

~3,000 Here We Come!~
Tiffany v. Jun 12, 2009, 10:30pm EDT

here for ~3,000 here we come~
Ginger C. Jun 12, 2009, 1:20pm EDT

Hubby and I stay on top of ours, no overdrafts for us! Cool tip!
Tiffany v. Jun 12, 2009, 10:30pm EDT

here for ~3,000 here we come~
Shawnee G. Jun 13, 2009, 1:36am EDT

I can nof agree more.
Nancy Biri Jun 15, 2009, 10:50am EDT

coming back to help some more
Sandy M. Jun 15, 2009, 3:12pm EDT

great advice
Renee (Pres of Baby James Foundation) ~. Jun 16, 2009, 5:15pm EDT

Wonderful advice.
Nancy Biri Jun 16, 2009, 10:54pm EDT

Stopping by to say hi

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