bouncing a check?

Question

I'm 17 will be 18 in 6 months, i recently bounced a check. I think is what I did was... A friend of mine and I went shopping. I don't keep up with how much I spend in my check book because I get a thing in the mail saying how much I should have. So I don't do all that. I know I should because my mom's in debt and she didn't do it. I didn't think I would bounce a check because I always had an idea of how much was in there. I knew I had about $120 but i spent alot of money when I went shopping with Kelly.
I added up how much I spent, then I think I thought that the money I spent was the money I had left in my account. So I then wrote a $10 check for lunch at school, then I bought lunch and I needed more money, so I then wrote a $20 check. I bounced both of them. Now my question is, my bf is telling me I'm going to be like my mom, I absolutly HATE it when he says that and he knows it. How can I ask him to please stop, it is really hurting my feelings and I'm getting in straight now!

Answer 1

Start by balancing the checkbook AS YOU USE IT.

Anything else is just irresponsible and asking for hundreds of dollars worth of bank fees.

Take 2 seconds, subtract the check from the balance and
KNOW HOW MUCH MONEY YOU HAVE>

BTW: enough bounced checks will get you into legal trouble in some places; FIX this bad habit BEFORE it happens.

AND DON'T WRITE CHECKS FOR MONEY YOU DON'T HAVE!

Answer 2

That is pretty cold-blooded that your b/f is making you out to be like Moms, but he is right to an extent. Bouncing checks at 17 is not a way to start out your credit. After a while, what will happen if you continue to bounce checks your information with the bank your bouncing checks at will be sent to this agency called ChexSystems. You do NOT want to be on this list. #1, it can stay with you up to 5 years, and #2 you won't be able to get a checking or savings account.

Try to see if where you bank offers a debit card and online banking. When you make purchases with a debit card, the money usually is taken out right away. It's harder to write checks and keep up with them, becuase they don't leave your account quick enough or you may forget something. At least with a debit card if you try to buy something, most times if you have the money in your account the transaction will go through, if not you'll be declined.

Hopefully it's not too late for your account to be saved, but if it is, I've provided a link to a prepaid debit card that might can help you out.

Answer 3

Be more careful with your account. Balance it often. Most banks charge about $30 in overdraft fees and $5 per day until it is paid. That is a lot of wasted money . Just think you probably paid $30 for a $10 check!! Have you repaid the bounced checks? Be careful because banks can report you it will make it difficult to open future accounts. Learn from your moms mistakes.

As for you BF tell him it bothers youwhen he says that. Be honest and tell him you dont like it. If he doesnt stop...get rid of him!

Answer 4

The first thing you need to do is straighten up your act and balance the damn checkbook! It doesn't take that much time and will save you heartache and money in the longrun. Second, set yourself up with a budget so you know exactly what you have to spend before the money gets there. A budget will also help you pay the bills and stay on track with your finances. Now, tell your bf that it really hurts you when he says things like that and you are insisting that he stop it right now! If he has a problem stopping, then he is immature and needs to grow up...dump his ***!

Answer 5

It doesn't sound like you are mature enough to handle a checking account. You should keep up with your balance and if you don't have the money then don't spend it. Banks charge outrageous fees for bounced checks, so not only do you have to cover the amount that you over-spent but you have to cover the fees. They will eventually close your account if you abuse it and you will have difficulty opening one at another institution.

As far as your friend, it sounds like he is looking out for your best interest. Tell him that it hurts your feelings when he speaks to you that way and compares you to your mother; if he cares he will find another way to get his point across.

Answer 6

you could get online banking and keep a record of all your transactions and also since you will be 18 soon you could apply for over draft protection there is a yearly fee you pay if you use it it, help protect you from bouncing checks and any nonsufficient funds fee.and seperate the money you will use for spending on shopping and other in a different account from your bills or savings.what you mom did or does is non of your boyfrineds business and how in the world he knows about your mom's financial ways????

Answer 7

just pay it back s/a/p and the may be a charge

Answer 8

dump his ***, if he is on you all the time leave him, he isnt worth it, but girl just becareful dont get into debt