I always thought when someone gave you a check it was a promise that the bank would give you that amount of money in exchange for the check. Yet, if you take the check to the bank it’s written on they will charge you to cash it. Thus, the check isn’t worth the amount written on it.
I work in real estate and got divorced when the bubble burst. So I went from a 2-income household to 1, with me making considerably less than I was accustomed to earning. Speaking from personal experience, its expensive being broke. For example I think I paid nearly the same amount to insure my auto as I did to insure both my auto and my wife’s when it was tied to a homeowner’s policy.
Plus I read that there are more ppl than ever without bank accounts. But at $7 per check, I think you need to open up at least a savings account to make deposits.