How to Write a Check

Though checks were once a very common way of spending money, as time goes on they have become less common. This is for several reasons. One major reason is that banks have become stricter about issuing checking accounts to people, and will not give an account to someone with a bad enough credit history without a significant amount of cash on hand. A second reason is that there are a lot fewer free items that come with accounts, and many people are avoiding checking accounts and the fees that come with purchasing checks and paying for monthly maintenance fees. Though these can often be avoided with a minimum balance or with direct deposited paychecks, this is not an option for many people with limited funds. (…)

The post How to Write a Check appeared first on Dumb Little Man.

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