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What’s a Postdated Check?
iStockA postdated check is a check that is written with a future date on it.If it’s Jan. 5 but you write a check with a date of Jan. 25, you are postdating a check.Generally, people do this if they...
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What Is Check-Kiting?
iStockCheck-kiting is the illegal act of writing a check from a bank account without sufficient funds and depositing it into another bank account. Then, you withdraw the money from that second account...
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What Is a Bill Pay Service?
Source: iStockOnline bill pay services are growing increasingly popular with consumers. Rather than writing and mailing paper checks, customers can pay bills from their mobile device or tablet in one...
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Checking vs. Savings Account: Understanding Which to Choose
iStock.entry-content .custom-table-blue .tablepress-id-3425 thead th.column-1{width: 50%;}There are many decisions to make when you decide to open a new bank account, ranging from which financial...
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Debt, Its Emotional Toll and How to Tackle It
iStockDebt can feel overwhelming, and studies are increasingly showing that it can lead to a decrease in happiness and life satisfaction, anxiety and even physical symptoms like headaches or loss of...
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How To Determine and Calculate Your Net Worth
iStock.You’ve probably read about the sky-high net worths of the rich and famous, like Jeff Bezos ($131 billion), Bill Gates ($96.5 billion) and Warren Buffett ($82.5 billion). But as we all know, not...
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