Who even uses checks anymore? With advancement in technology, people have changed a lot of their ways. There are several convenient ways to pay for bills and other expenses now. Be it through cash, checks or the major credit and debit cards available, one can do all payments without having to handle cash.
That applies nowadays to checks as well.
But yesterday my washing machine broke. I tried to fix it myself at first. Thankfully, I found a really handy checklist on troubleshooting a washing machine here. Unfortunately, my problem was unfixable given the tools I had. So I needed to call in a repair guy. But when he asked me to pay and I whipped out my credit card. He just gave me a look.
He didn’t want to take the card!
Here’s how I would’ve wanted to pay for his services-
Payment by Credit Cards
Everyone has a credit card but this guy wasn’t taking it! The times when you are short on cash, you may choose to pay for maintenance by credit cards. The card will allow you to make payments and give you time to repay the money to bank. They help to build credit. This will later help you make large purchases. Most credit cards also have reward points and many other perks. The only problem with this mode of payment is that one can use the card to pay for more bills than he can afford. Repaying the bank can be a very difficult job.
Payment by Debit Cards
I also had my debit card again, but of course he couldn’t accept it. Debit cards can be used the same way as credit cards. The different between the two is mainly that debit cards use money from your bank account to pay the bills. This is a very safe way of handling money, and it is a better option than credit cards because there is no scope of overspending. You can only pay from what you have. If at any time, you need cash, you can withdraw it from nearby ATMs. Nevertheless, these cards do not help build any credit and also have less fraud protection systems.
The repair guy gave me two options to pay:
Payment by Cash
Cash is a good way to pay in-person. But I rarely keep much on me. I pay with everything use my cards so I didn’t have nearly enough to pay. Fortunately I had my checkbook.
Payment by Checks
The last time I used my check was to cross a line through and write “Void” to make a direct deposit. But fortunately, that meant my checkbook was still open! Woohoo! I was able to pull out my checkbook and pay for everything no problem.
So before you write off having a checkbook, remember that they will come in handy at odd times, and not just to fill out a direct deposit form. Occasionally, you will run into services that don’t have a card machine to accept payments, and that’s when you need a checkbook. Often times, repair oriented services only take checks. So after you’ve checked out any tutorials on appliance repair, and you still need a repair guy, make sure you have your checkbook handy. Checks may be the only way to pay them, even if you have a wallet full of cards!