Using the bank account as the budget holder


Well-known member
I have a friend whose salary goes directly to his bank account. Almost all his expenses are charged to his bank account using ATM. It is like making his bank account a budget wallet which is practical. However, my caveat (precaution) on that method is the probability of his account to be hacked. Using the ATM card too often may cause a leak of the PIN so there is the possibility of an unauthorized withdrawal. My suggestion is to withdraw twice a month and place the withdrawn money in a basket at home.

This thread has been viewed 54 times.