Sometimes there's days between it hitting the account and it being withdrawn for a bill pay.
I'm making pennies on that sweet 0.0000001% interest, so I'm a capitalist too!
-- Perpetually embarrassed billionaire.
I do not trust automatic payments. I stubbornly refuse to give a company my bank account info.
How far does that stubborness go? Like do you not write checks? Do you not use a credit/debit card? Cash only?
Fortunately, not that far. I’ll set up recurring payments through my bank website, where I’m the one in charge. I won’t give, say, the power company permission to make withdrawals from my account.
I still think about that person a few years ago that was charged millions of dollars in an "accounting error", and the electric utility initially tried to withdraw it from her account and then tried to convince her to pay it
For every newsworthy story like that, I bet there are a huge number of “mistakes” that are, coincidentally, always in the company’s favor. That, and the nightmare of getting it sorted out, are the two biggest reasons I won’t use automatic payments.
Not who you're replying to but l use a credit card for all automatic bill payments. If they don't accept credit cards or charge an outrageous fee I pay them through my online banking bill pay. Whether it gets to them via check or electronic funds transfer is their problem, not mine.
Building upon that... I use a virtual prepaid credit card. I know how much the bills should be, keep slightly more than that on the card, and I can block it with a single click from the bank's mobile app when I expect no bills.
There are a lot of discounts that require auto withdrawal. $5 per bill, per month adds up quickly.
The reason why I will do not do SEPA and instead give them my PayPal instead.
That way I get a full on notification in case someone withdraws anything from my account.
I hate PayPal. when my paycheck arrived late from company mishandling things, PayPal decides to throw a bunch of payment requests at my bank and cause 2 overdraft fees a day. I racked up $35 fees in 4 days, totaling 280 dollars. PayPal just told me that is how their system works and to ask my bank for them to forgive the fees. I was forgiven one fee. I hate banks and paypal.
I had that happen to me, $0.02 overdraft + $30 overdraft fee... like WTF. Since then I've found a bank where I can block the overdraft "feature", it's the only account I ever give for payments, and only if there is no alternative.
My problem is I removed overdraft protection, and this causes PayPal to literally panic and shoot my bank with multiple requests. I still get hit with the $35 overdraft fee, and PayPal gets rejected. I rejected the overdraft cash the bank can use to pay the overdraft charges and will still apply the dam fee. I hate banks so much.
SEPA is just a method, no one can just take money without permission. If anything, you gave PayPal permission so it can draw from your account, unless you transfer money to sit in your Paypal account.
Then I'll say it this way:
Paypal > Bank transfer via SEPA/flavor of the day for bank account transfer
The slaves' illusion of being free workers, since they are paid money for their work. They don't realize that this money will be taken from them later. There is not so much difference with real slaves, they were not paid, but at least they were given room and board, while a worker does not have this when the bank takes away their home because they could not pay the mortgage. Human rights in this society are only applicable to those who have the money to pay for them, since capitalism has turned these rights into another commodity.
I have 7 accounts.
It doesn't change the incoming versus outgoing, but it does psychologically redistribute the pain. When you see $5 in "Long-term Savings" and $7 in "Short-term Savings", feels a lot better than $12 in "Income".
I use a similar system. I calculated about how much I usually need for bills and regular expenses and get it on one account, then another one for some extras and another where I try to save as much as possible. When I get a raise or a bonus I set it up for that account.
Isn't this just implying you're paycheck is just you billing yourself? The one portal leads to the other.
Don't worry, I'm sure OP was thorough in their research
Since the image shows Atlas and P-Body,q this implies that this is co-op instead of single player so the blue portal came from a purple-ish portal and the yellow portal would lead to a red portal
Well done OP
That's how I feel when my bank sends me a dividend deposit. It's usually like 20 cents in a year because my account only really ever has money in it for 3-5 days a month.
I have a lot of autopays set up.
Every God damned month ... at the end of the pay period, I'm thinking, "I probably have $500 left. Turns out to be more like $5.00
