I would not consider this as one of Yahoo Finance's best personal finance articles. In fact, I wonder if this might be a tongue-in-cheek type of article. However, since overdrafts have proven to be so profitable for the banks, it may actually be intended to be serious. Here are some of the interesting excerpts from this Yahoo Finance article:
In the last year, we have spent enough on bank overdraft fees to pay our rent for one month.All I can say is that I hope the average American doesn't have this much trouble balancing their checkbooks.
With a checking account it was so easy to overspend and accrue overdraft charges, which we grew to rely on.
I didn't realize how much stress would be lifted from my life once we got rid of the checking account.