As I hustled out of work Wednesday evening, an hour later than usual, I stepped onto the streets of New York and was greeted by a chilly mist. All I wanted to do was scurry to the subway, get home and snuggling under my down comforter to warm up. Instead, I walked three avenues and 20 blocks up to get to the library, so I could renew a book and avoid a late fee.
The book in question was due on Saturday, but I was leaving for LA on Thursday and wouldn’t return until Sunday evening. To put it in perspective, I found the 25 extra minutes of time it took to power walk to the library and renew the book before heading home worth a grand total of 50 cents.
The New York Public Library charges adults 25 cents a day for overdue books. For the record, it’s $3.00 for DVDs.
The time to money ratio may seem misplaced to some readers, but it’s the principle that matters to me. For starters, I’ve never had an overdue library book. I also actively avoid late fees.
Late fees can be incurred from a missed credit card payment, delayed rent check, missing a student loan bill or any situation in which you owe monetary compensation and plum forget (or don’t have the funds) to pay.
Simple forgetfulness can quickly add up if you’re not careful.
Would owing 50 cents to the library truly make any impact on my bank account? Not really.
Would getting in the habit of pushing off payments/returning books due to a little inconvenience hurt my bank account? Absolutely.
Have you ever had a run in with a late fee?
LINK LOVE: WHAT TO DO WITH THE MONEY YOU SAVE FROM AVOIDING LATE FEES EDITION
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