Cashing Your Check at Walmart for $3.00
Do You Really Need a Checking Account?
With our global financial house in complete disarray, banks closing and going bankrupt, scams on Wall Street and the values of homes and our savings accounts plunging, many people are starting to re-access their banking habits and their ways of doing money.
I for one have made some major changes in my life. After closing our sign business a few months ago - and starting a new venture - I have made some radical changes to the way I handle money. One of those ways is utilizing WalMart to cash my checks.
Yes, you heard that right - WalMart - or "Wally World" as some people like to affectionately call the behemoth store that offers everything from diapers to financial services - including cashing checks, getting money orders and even offering a down-loadable credit/atm card.
Cut Cost - And Save Money!
I have gone on strike against banks. After running a small business for over 14 years, getting gouged right and left for service charges, late charges, and charges just to be charges, I have gotten sick and tired of my hard earned dollars go down some wasteful bin at my local bank. In retaliation, I have closed all my checking accounts and now deal strictly in cash. I cash my payroll checks at Walmart for just $3.00 - then I upload the money to my WalMart credit card, which means I will now spend only what I have earned - no more, no less. I have no credit cards so there is no temptation for me to overspend on items I really don't need or want. I pay only $4.95 a month for my monthly service charge on my up-loadable credit card, and when I upload my paycheck to the card it is free.
Works for me!!!
I'd Rather Wait In Line at WalMart
The only tiny drawback is sometimes a brief wait to cash my check at Walmart - but it's no more of a wait then the one I used to have standing in line at my bank.
With proper id and a signature after cashing my check for just $3.00, I'm on my way into the store where I can then pick up items I also need (killing 2 birds with one stone !) If I have a bill that needs to get paid, I get a money order for a cheap 43 cents which then gets mailed. No more automatic debits to keep track off, no more check book to have to balance, no more service fees because I slightly overdrew my account ( that would just rankle me to no end when I ended up paying an "over-limit" charge of $29.00 for a $4.00 item!!) No more worries about the endless array of charges on my supposedly "free" checking account ( free is not really free you know)
So for those of you out there that are making changes to the way you handle your money, and are going the cash route, you might want to check out the $3.00 check cashing service that Walmart offers.
$3.00 sure works for me!
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The cost of a money order at Walmart is .70. I have been using Walmart for years to get money orders and I also used a Walmart Money Card for many years when I did not have a checking account.
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