Too many Millenials are “heavy overdrafters” based on a recent Pew Research study (note that Heavy ovedrafter was defined as someone who spent more than $100 in the past year on overdraft fees):

Good way to kick-off your class to identify overdraft fees as a problem and then discussing strategies to avoid them. Here’s a mini-activity we created to help students learn about the types of alerts that they can set up on their account.

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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