The Finicity Finance Tip of the Day

Shed Pounds on a Dime: Do NOT Use Your Debit Card

Gyms are notorious for drafting money from clients accounts, even after multiple requests for cancellation. Once you understand your cancellation policy, ask if you can pay with a check every month.
Oct 16, 2018
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Shed Pounds on a Dime: Do NOT Use Your Debit Card

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Shed Pounds on a Dime: Do NOT Use Your Debit Card

Gyms are notorious for drafting money from clients accounts, even after multiple requests for cancellation. Once you understand your cancellation policy, ask if you can pay with a check every month.

Many states require health clubs to accept checks as a form of payment, so make sure you know what your state’s requirements are before you commit to a payment plan.

If you cannot pay via check, use your credit card instead of your debit card. By doing so, you’ll be able to more effectively fight off those extra charges. Disputing debit charges is a more lengthy and difficult process.

Today's tip brought to you by Mvelopes and Money4Life Coaching.

Originally published October 23, 2018.

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