How Living Without a Bank Account Works

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Author's Note: How Living Without a Bank Account Works

Many years ago I moved to a new city and found work before I found a bank to put my paycheck in. For several weeks I relied on check cashing outlets that charged me 3 percent of my check amount for the transaction. That was a lot more than what was charged by the credit union where I eventually opened an account, but I was grateful that such an outfit existed, otherwise I would have been wandering around town with a useless piece of paper in my wallet.

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