This blog post is part of the World Suicide Prevention Day blog tour. If you or someone you know is feeling suicidal, please call for help right away. In the United States call the National Suicide Prevention Lifeline at 1-800-273-8255 or visit www.Suicide.org. In Canada call your local crisis center, call 911 or visit http://suicideprevention.ca.
We are incredibly honoured to be a part of this blog tour to discuss suicide prevention. Scott and I each wrote a post to discuss this very important topic. You can read Scott’s post here.
For too many people being poor or having debt is through no fault of their own. There are systemic issues in our country that keep people living below the poverty line with very little chance of getting out. For many people who are not in this situation they look to others in debt and think that it is a choice. I assure you it is not the case for more people than you think.
Cost of Getting Your Money:
Things like payday loans, high bank/ATM fees or high credit card fees eat away at what little people have. If you need to take out money from your bank but don’t live near an ATM of your bank you have no choice to use another bank machine and pay a fee. In many cases your bank charges you to use another machine that isn’t theirs and the machine charges you for the right to take money out. If you have to take out $20 dollars and pay $1.50-$2 from your bank and another $3-$6 for the right to use the bank machine you are looking at 22% to 40% of the original $20 in fees. Not many of us would pay 40% of our money just to get it.