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Checkbooks Becoming Thing Of The Past

Tags » Checking Accounts

Indrani Sen writes for Newsday about how getting your first checkbook is no longer the rite of passage that it used to be. "For those growing up in today's world of online banking, direct deposit and instant credit approvals, however, the checkbook has lost its magical aura. Plodding through the tedious process of balancing a checkbook on paper seems almost perversely old-fashioned when personal finance computer programs can perform the job in minutes." On the other hand, "paper doesn't crash!"


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