Overdraft Fees Devastate Young Depositor?

Summary


My 16-year-old daughter got her first real job. Wanting some financial independence, she opened her first checking and savings account. This came with a debit card. She was thrilled. She even purchased a little notebook to keep track of her purchases.

She decided to use Wachovia Bank in West Haven because, she said, "They are so nice at that bank."

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Extract


Overdraft Fees Devastate Young Depositor?

She opened a "Way 2 Save" account. This type of account is...

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