• eskimofry@lemmy.world
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      11 months ago

      Yeah, but I don’t have to do calculations and remember how much balance I had to avoid going into overdraft because:

      1. The bank balance is available on my phone with the press of a button (UPI)
      2. The bank doesn’t allow me to have -ve balance by spending non-existent cash (Duh!) on my savings account.
      3. We have something called savings account also gives us Cheque books. But most of us know not to use Cheque leaves for transaction purposes (You get fined, if you end up encashing a cheque when your balance cannot cover the Cheque amount)
      • crashfrog@lemm.ee
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        11 months ago

        But most of us know not to use Cheque leaves for transaction purposes (You get fined, if you end up encashing a cheque when your balance cannot cover the Cheque amount)

        Wow, that sucks. Maybe you should talk to your bank about getting some kind of protection against a check being returned NSF and paying a massive-ass fine.