Cashing Checks

The other day my daughter asked, “Dad, when you write a check for someone, do they just get the money, or do you actually have to give them the money?”

She thought that you can write checks, and a person can go to the bank and cash it, and no one (other than maybe the bank?) would have to pay for it!

I told her that the person who wrote the check had to pay and she, with great disappointment, said, “Ohhh. I was going to ask people to start writing me checks. And I was going to start writing checks to people.” Classic!

And the funny thing is, there are a lot of people who handle their finances without much more wisdom than that…