| Believe it or not, not every one in the world has a | | | | and from your bank to cash your check, you also |
| checking account. With all of the benefits associated | | | | receive your money quicker. Having your paycheck |
| with having a checking account, it amazes me that a | | | | digitally deposited into your account, your funds will |
| good percentage of us do not or have not ever had | | | | appear on the day you would normally pick up your |
| one of our own. If you happen to fall into this category, | | | | check instead of you depositing it and having to wait |
| today might be a good time to venture out to get one. | | | | 1-2 business days for it to post to your account. |
| If you do not have your own checking account, on | | | | If you do not have an account yet, but like the idea of |
| payday you need to go to a currency exchange or | | | | having direct deposit, I recommend you first go to |
| distributing bank to cash your check. But this service is | | | | speak with your human resources representative to |
| not free of charge. At your local currency exchange | | | | inquire about direct deposit and ask if there is any |
| the charge for this service is generally a percentage | | | | particular bank you need to have an account with to |
| based on the amount of your check. So the more you | | | | initiate the process. Some employers only offer direct |
| make,the more you pay and the more they make. | | | | deposit to a certain bank while others offer the |
| Even if this is as little as $5 per week, that comes to | | | | service for any bank. |
| $20 per month, which is $240 per year that you are | | | | There are different types of checking accounts |
| basically throwing away. If you were to have your | | | | available at most banks. Most people find that the |
| own checking account, could simply cash or deposit | | | | totally free accounts suit their needs just fine. There |
| your check, free of charge into your own account at | | | | are no fees associated with a free checking account |
| your bank. | | | | in good standing. You will get, at the very least, your |
| Another advantage of having your own checking | | | | first set of checks free, and a debit card or check |
| account is that more and more employers are offering | | | | card to use while shopping and paying bills instead of |
| direct deposit of your earnings. With direct deposit not | | | | having to write out a check for each and every |
| only do you save yourself the time and gas going to | | | | purchase. |