What is a Check? Beginners Guide | Money Instructor

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  • เผยแพร่เมื่อ 1 ธ.ค. 2021
  • Learn about checks in a way that's easy to understand. Understand their purpose, discover the reasons for writing them, recognize when they are necessary, and become familiar with the various parts of a personal check.
    What is a check (or cheque) and how does it work? Learn the basics of checks, and the components of a check explained. A check is a paper you fill out that tells the bank to take money from your account and give it to someone else. Writing a check is like a promise to pay someone a certain amount of money. You write the name of the person who will get the money, how much money they will get, and when they can get it. You also have to sign the check to make it official. People use checks to buy things, pay bills, or give money to someone else. Although checks have been around for a long time, not many people use them anymore because we now have other ways to pay for things, like with our phones or credit cards. Presented in a simple, and easy to understand way for beginners.
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ความคิดเห็น • 7

  • @alaataktokani8884
    @alaataktokani8884 2 ปีที่แล้ว +3

    thank u

  • @tennesseetransit
    @tennesseetransit ปีที่แล้ว +2

    so true oomfie

  • @toadamine
    @toadamine 27 วันที่ผ่านมา

    A check is a piece of paper that most places won't accept and most banks won't cash.... I never accept checks... cash only.

  • @francishubertovasquez2139
    @francishubertovasquez2139 หลายเดือนก่อน

    Why looking at paper cheque I'm thinking of a being. ( Maybe cash keeper being, a female matter types of sort. )

    • @moneyinstructor
      @moneyinstructor  หลายเดือนก่อน

      That's an interesting way to think about checks!

  • @jitendrakalriya3327
    @jitendrakalriya3327 4 หลายเดือนก่อน +2

    ❤❤❤❤👍👍👆