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Liberty4All 10 points ago +10 / -0

Many large employers push very hard for you to get your pay by direct deposit. Most government employers essentially insist on direct deposit.

If you do manage to get a paper paycheck, often the only way to cash it is to pay huge fees at fast cash places. Banks won't cash checks at all if you don't have an account, and even if you have an account they may have a limit on the size of the check they will cash. Stores rarely cash checks any more, and when they do they typically have a low limit.

Plus keeping cash under the mattress in an era of high inflation is effectively throwing your money away.

The whole system is set up to try to coerce people to have bank accounts.

NeverNotTrump 4 points ago +4 / -0

I'm amazed that ATMs don't track who gets which bills... They could do it...