Increasingly more Individuals are endorsing the change to digital funds.
Reply: 54%
Questions:
- Have you ever ever written a verify?
- If sure – when?
- If no – what fee methodology(s) do you utilize most frequently?
- What do you suppose are the commonest bills that folks write checks for?
- Do you suppose the reply to this query will change within the subsequent 5 years? Clarify.
Listed below are the ready-to-go slides for this Query of the Day that you should utilize in your classroom.
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Behind the numbers (Go Banking Charges):
“46% of Individuals Didn’t Write a Verify in 2023. Whereas writing checks could also be much less standard than it was once, 54% of Individuals nonetheless wrote a verify prior to now 12 months…
Whereas many Individuals didn’t write checks final 12 months, the apply was least standard for these below 54. Our survey outcomes confirmed that 46% of these ages 18 to 24 didn’t write a verify this previous 12 months, together with 51% of these ages 25 to 34, 51% of these ages 35 to 44 and 50% of these 45 to 54. Whereas the apply could be dwindling, many Individuals within the 55 and over age group nonetheless write a couple of checks a month — with 15% within the 55 to 64 age group and 22% within the 65+ age group reporting this.”
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About
the Creator
Kathryn Dawson
Kathryn (she/her) is happy to hitch the NGPF group after 9 years of expertise in schooling as a mentor, tutor, and particular schooling instructor. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in schooling from Brooklyn Faculty. Kathryn is wanting ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking initiatives, strolling round her Seattle neighborhood together with her canine, or lounging in a hammock with a guide.