With all the automation in our lives, we barely interact with our monthly bills, and almost all payments are made online these days. I have a checkbook, but it gets used very rarely. I greatly prefer to pay via credit card because that way everything is tracked online (plus I earn cash back on purchases!)
About 2 weeks after every check I write, I see an uncategorized transaction in my Mint.com account. I have to think back to what I paid and when, and it always takes a few minutes to figure it out. Occasionally, I’ll have to ask Lauren to refresh my memory about who we paid and why.
My Most Recent Check Transaction
It’s been quite awhile since I wrote a check to someone. But the last check I wrote was for $50 to the captain of my softball team. Despite being a spry 30 year old, he is beyond technologically illiterate. I kid you not, he gets his news from a newspaper.
For most payments to friends, a PayPal payment is easiest and takes just a few seconds from wherever I am. But he does not have a PayPal account (which reminds me to make sure he opens one so he can send me money for the baseball game we went to a few months ago) and he has no desire to open one.
I can only give him so much grief because he did manage our team to the league championship this year and we have a 3 foot tall trophy to prove it. Money well spent.
Why Nobody Uses Checks Anymore
One of the biggest reasons I’m opposed to checks is that you have to have one with you to use it! For mobile payments, you just need to whip out a phone, tap a few buttons, and voila! Money sent.
I can’t imagine carrying around a checkbook just in case I need it. As it is, I keep my checkbook hidden until the moment I need it, then run upstairs when I need one and find the checkbook and make out the check. It’s just so much of a hassle and as a society, we’ve moved well past not having everything at our fingertips.
I Rarely Receive Checks, Too
Even rarer than writing a check is receiving one. I have friends PayPal me if they owe me for (just remembered another friend owes me money. I am not good at collecting on debts, I guess.), but usually I’ll just have them pay for dinner or drinks the next time we go out. I would never request a check unless I knew the person wasn’t going to pay for a long time another way or is still stuck in 1998 technologically.
Do you give or receive checks regularly? Does anyone actually prefer them to online payment methods?