Category Archive: Banking

Feb 25

Why Retailers Still Accept Checks

accept checks

The following is a guest post… It’s no surprise that people just don’t use checks that often anymore. I believe I read somewhere that the use of checks-as-a-form-of-non-cash-payment is declining something like 5% percent every year now, though I couldn’t find the statistic that would back that up—what I do know is that a survey …

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Jan 09

How To Avoid Bounced Checks

bounced check

My wife and I were watching some old episodes of ‘Everybody Loves Raymond’ on Netflix streaming and came across the episode titled “The Checkbook”. In this episode, Ray takes over responsibility of the family checkbook from Debra after he says how easy it should be to handle the books. Unfortunately for Ray, he doesn’t know …

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Aug 02

Understanding FDIC Insurance

I’ve been reading and hearing about some people that have pulled all their money out of their bank accounts and instead keep their cash at home. Some people stuff it under a mattress, some people put it in the freezer, some people bury it, and some people go the more traditional route of putting it …

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