Why Are People Still Using Checks To Purchase Items?

Believe it or not, paper checks are still going strong, even in the year 2017. There's something truly timeless that comes with making a check out to someone, and it has been predicted many times in the past, paper checks are unlikely to die out anytime soon even if a lot of people don't know how to write a check the right way. They hold a prominent place in the hearts of shoppers everywhere, and they offer something that no platinum MasterCard ever could! Why are people still using checks, you ask? 1. Many small businesses in America can't afford to pay large corporations credit card processing fees. You'll probably notice that many small retailers ask that goods be paid for using either cash or check. Government and locally run organizations such as medical offices, school districts, and libraries will often make it a general rule to only accept cash or checks. 2. Checks are still the go-to payment method for most individuals when they run out of cash or forget their credit cards. In fact, when you're looking to pay money to someone you know, a check is easily personalized and carried on your person. There are plenty of digital payment methods such as PayPal, but they're not readily accepted in shopping malls and nor are they a popular method of payment. Perhaps in a few years, more retailers will allow digital payment processing companies, but up until that happens, checks are here to stay. 3. There are certain companies that provide discounts when paying for services or products using cash or check. Since there aren't exorbitant processing fees to contend with, companies can afford to charge less for the things they offer. This practice is commonplace at gas stations, for example, where you'll get a discount on your gas. 4. The only payment method that really leaves a trackable paper trail is a check. You can become more responsible with your spending as you'll think twice about where your money goes and how it's spent. Additionally, you can keep track of the people that have cashed the checks you've made out to them! It's probably shocking to many younger people that checks are still a thing, but as you can see, they offer shoppers so many often overlooked benefits. From being able to follow its paper trail to your ability to save money at a moment's notice, writing checks won't become a thing of the past anytime soon!

Keeping Your Checkbook Up To Date: Why Is It Important?

What does your check book register look like? Is it nice and organized and contain every transaction that has been made? Or is it quite the opposite with only random things written here and there? While we all have our own personalities and way of doing things, it is quite important to keep your check book up to date for many different reasons. Continue reading to learn more about the benefits of being more organized in this area. One of the benefits of keeping your check book up to date is that you are aware of how much money you have. Many people have a feeling they can track this in their head, and while some people may have success with it, a majority of people are not successful with this method. By writing down the deposits and the expenditures, and then calculating the total on a regular basis, you will always know how much money is in your checking account. Another benefit of keeping your check book up to date, is that you will be able to see where your money is going. This can be helpful information if you want to know how you are spending your money. Many people choose to make a budget to help them make smart choices. When you know how much money you are spending on things in your life, you are able to easily create your own budget. If you find that keeping your check book up to date is a chore, you should schedule time each day or every few days to spend in your check register. By setting aside time, you can record all of your purchases and other spendings, and also add any deposits. By doing this on a regular basis, you can keep your check book up to date. You should find that after a few weeks of this, it will come more and more naturally for you to keep things up to date. In conclusion, there are many benefits to keeping your check book up to date. However, some of the most important benefits include knowing how much money you have at any given moment and also knowing where you are spending your money. Consider these things as you work to track the money you have coming in and going out and start to build healthy financial habits.