ANSWERS: 8
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My check is direct deposit so life goes on as usual and I get to pay my bills.
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Linda Joy
Me too.
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I did split direct deposit to 2 checking accounts, one for necessary expenses (auto home loan payment, etc.) and the other for discretionary spending. But I lost my job at age 63.5 Nov 2015, so now when I need money I ACH transfer it from my IRA broker to my checking account (not collecting social security yet). I learned investing, so far my IRA has grown more than I have withdrawn.
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i dont even get a paycheck, wish i did
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i dont get paychecks but when i did i had direct deposit
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direct deposit, but I'd pay all my bills first. nothing worse than an irate bill collector.
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My salary has always been deposited directly into my bank checking account during my working life of 40 years. As such, I don't get a paper paycheck on payday. The first thing that I usually do when I am paid is to put some money into my savings account and start paying bills.
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I am old age pensioner with direct deposit. On paydays first thing I do is withdraw cash to go grocery shopping with my gal friend.
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I don't "cash" my paycheck. It is automatically deposited in my checking account. Within a few days, I may pay bills or make some transfers to other accounts, depending on the time of the month, but I don't do anything immediately..
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