Nooo!!  After digging my claws in to get hold of my finances, I have screwed up.

Yesterday, I got sick and went to the doctor.  I paid for my copay and then went to pick up my medication.  I had to wait for the medication, so I went across the street to get some food (since I was going to be on a restricted diet for a little while).  I went back for my medication.   Since I started using a register to keep track of my check card purchases, I have been keeping up with that thing daily.

I’ve been low on funds in my accounts lately, but I knew that I had just returned a pair of shoes and would be getting my paycheck through direct deposit tomorrow.  Therefore, by checking online and taking note of my balance in my register, I figured I was covered for the medical and food costs.

emptyThe $165 bank fee on my account this morning proved I was very wrong.  At first, I didn’t understand what happened.  After a call to the bank and some careful examination of my online bank register, I figured out my mistake.  In a nutshell, money going into my account (paycheck and shoe return) takes longer than I assumed.  Money going out of my account (despite it too being listed as pending) is deducted instantly.  Unfair?  I think so, but now that I know the rules, I won’t be making this expensive mistake again.  I guess that’s why the fees are so high.

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