Printable Check Register Book

What is included as part of a check?

Having a check helps you with the transaction as well. Understanding the content makes you know how to order new checks, make sure the orders are right, set up the direct deposit instructions, and able to confirm that any checks you received are filled out right. Here are some parts of the check you have to know.

1. Personal information. This is providing the details about you who is the one who paid the money and the owner of the account.

2. Payee line. It stated the person that can receive the money.

3. Dollar box. The dollar box provides information about the amount of money in numeric.

4. Amount of the check. It clearly stated the amount of your money in words.

5. Memo line. You will see the purpose of the check-in memo line.

6. Dateline. It provides the details about the time the check was made.

7. Signature line. The signature line is a sign that the check has been approved by the real owner.

8. Bank logo and contact information. The bank logo refers to the bank that creates the check.

9. Routing number. It is used to tell the bank about the information on where they can find the fund for the check.

11. Account number. The details that the recipient lets know about where the money comes from.
    
    
12. The check number. This is utilized to identify each payment and avoid fraud.

 

What are the types of checks?

The checks were made due for specific purposes. That's why it consists of some types which already helps people when it comes to financial transaction. If you are wondering about the types of this thing, the explanation below will help you to identify it.

A certified check is the one that the bank made for you to gather the fund. All you have to do is make the transaction through it.

A cashier check is a certified check that is accountable to the bank institution and usually verified with a bank cashier's signature. The bank is fully responsible for the finds. It is commonly a check that is used for huge transactions such as buying a house or car.

A payroll check tends to be a transaction between an employer and their employee. It is compensation for their work. Some companies will either choose the deposit system or use electronic transfer.

Bounced checks refer to a check with a large amount of money that is more huge than it is supposed to the checking account.

How do you get respect for money?

Talking about the meaning of money, some people might come up with different answers. It can be freedom, security, power, and more. The point is to grow your respect for money is important. It means you taking care of it properly. You might need some tips for putting respect on your money.

Tracking your income is a part of respecting it. Spending money is such a very easy job. However, being consumptive might make you cross the line. Set the boundaries of your spending by growing the habit of tracking. Decide how many amounts you'll spend a day. It genuinely helps you to respect more.  

See your money as a grant for you to honor. With this, you might encourage yourself to be wise with your spending.

Come up with financial planning. Setting the goals where you want to spend the money, will make you keep up with your plan. With the financial planning approach, you can define your priorities, follow your budgeting plan, invest properly, and more.

What is the reason cash already outdated?

During the ancient era, people already use the barter system to get the goods or services they need. It happened because there was no cash at the time. Nowadays, cash has no longer becomes the main tool for transactions.

Customers are now able to use various methods of payment which make them easier. Instead of having a pile of cash, using a card or even e-payment makes the transaction more efficient. It's yet faster and easy to handle. This is a sign that the cash is already outdated.

The security reason is also the most influential. Having cash in your hand is way easier to get lost and stolen. It's worse when you forget the cash in your pocket and goes through the washing machine. Some of the cases will make it damaged. Meanwhile, if you use another method such as a card or online payment, there is a chance your money can get back even if the thing is stolen or lost.

Due to hand-by-hand transactions, money can gather bacteria and let it survive there. Of course, it potentially is the issue of your health condition. Especially, when the COVID-19 case, people even suggested not using cash.