To make sure your money is going where you want it to, it’s smart to have a good grasp on your finances. Companies are getting more creative in finding backdoor loopholes to charge you more than you may realize. To keep the most money possible in your pocket, become informed about what companies are charging you and whether you want to give it to them or not.

With credit cards, there are many fees you may not realize if you don’t read your statements carefully. Even if you pay your balance in full every month and do not accrue the sky high interest rates, you may be charged excessive annual fees as well as late fees that will jack up your interest rates exponentially, even if you initially had a low interest rate. Airlines charge fees for bags, food, in flight entertainment, and more. Cell phone bills have many fees that make your final bill more than the amount you were quoted when you signed up. Banks have gotten in on the fee tacking game too so be sure that you know the policies associated with your accounts and your bank in general. Some banks charge for talking to a teller, calling customer service, using ATM’s, and even if you have an overdraft savings account or line of credit, you may be charged huge fees for bouncing a check or debit payment, which hits especially hard if you have done multiple transactions without knowing you were overdrawn.

If you run into a short term jam like realizing that you may be overdrawn, payday loans can help you avoid the multiple fees if you only need to use them occasionally. Do the math to see which of the fees is lower and if that helps you out. Make sure to always read the fine print and shop around so that you know where your money is going.