Overdrafts and How to Avoid Them E15
Good Money Moves
In episode 15 of the Good Money Moves podcast, “Overdrafts & How to Avoid Them,” host Jenna Taubel, AVP of Marketing at First Alliance Credit Union, sits down with Kim Ferraro, Branch Manager of the Lake City branch and leader of our Contact Center Lenders team. Kim draws on her 17 years of experience to break down:
what an overdraft actually is and why it happens
the true cost of fees—and how they can derail your budget and long‑term goals
quick daily habits (mobile‑app balance checks, alerts, and good old‑fashioned check registers) that keep you in the green
how Courtesy Pay, overdraft lines of credit, and linked savings accounts work—plus when each option makes sense
step‑by‑step moves to recover fast if you do go negative, and budgeting hacks to stop the cycle for good
Whether you’re living paycheck‑to‑paycheck, juggling gig income, or simply want peace of mind at the checkout line, this conversation gives you the practical tools to protect your money—without the guilt trips.
More helpful resources from First Alliance Credit Union
• Overdraft Protection Guide – Learn how Courtesy Pay and linked accounts work: https://www.firstalliancecu.com/overdraft-protection
• Budgeting Toolkit – Free calculators and worksheets to map out pay‑period budgets: https://www.firstalliancecu.com/budget
• Explore all member resources: https://www.firstalliancecu.com/
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