Does anyone write checks anymore

According to a recent Freshbooks study , by 47 million people will be self-employed, nearly half of which are predicted to be millennials. The irony is there: though millennials are seeking non-traditional avenues of employment, the most traditional payment of all the check is still quite prevalent in the business economy, meaning millennials will still have a need for business checks for some time. It feels more secure and personal than shelling out cash. At the end of the day, a check still feels more secure than handing over cash without a paper record or receipt.

Millennial or not, until life becomes a little less complicated, it seems as if checks are here to stay. Skip to content Skip to search Insight Center Resources Industry knowledge to help you grow your business.

Feel free to post it on your own website! Related The Millennial Disruption Index shows that one in three millennials is open to switching banks in the next To the left of that line is a memo line , where you have the option of making a notation for yourself or the payee as to what the check is for.

At the very bottom of check is a string of numbers. Checks also remain a way for individuals to pay each other or to give money as a gift. Keep in mind that while many stores will still accept checks as payment for purchases — with proper ID — your fellow shoppers may not appreciate you taking too long to write one out.

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