Balancing my check account

Posted Sep 14, 2005 17:25 UTC (Wed) by jwb (guest, #15467)
In reply to: Balancing my check account by chrispe
Parent article: The Grumpy Editor's guide to personal finance managers (Part I)

The term "paycheck" is lodged deeply in the American English dialect, but it does no necessarily imply the use of paper. In fact every person in my firm, and most people I know, are paid using electronic transfer. I prefer check, because there are many terms in the direct deposit agreement that I cannot accept. For example, my company's direct deposit agreement allows them to take money from my account to cover various damages and expenses. I'm not willing to give anyone carte blanche to fool with my bank balance.

Of course I still use cash for most thing. Perhaps I'm terribly backwards.