Many banks offer checking accounts with no minimum balance fee that would help Evelynn save on all the check cashing fees. They would cash checks for free as well. However, most banks have other fees to consider.

Let's suppose for a second that Evelynn had a checking account and on the week each month where an extra $95 is necessary, Evelynn overdrafts the checking account.(Anoverdraftresults from drawing more money from an account than is actually in the account.). The average overdraft fee in 2019 was $33. 36 according to bank rate.com and has been increasing yearly.See the graph below. It is important to note that some banks do not charge overdraft fees, but charge other, additional fees.

Average overdraft fee The average fee has increased from $21.57 in 1998 to $33.36 in 2019. $34.00 $32.00 $30.00 $28.00 $26.00 $24.00 $22.00 $20.00 1998-2019 Source: 2019 Bankrate checking account and ATM fee study