Are you taking advantage of direct deposit? Direct deposit is the most efficient and secure way to get your paycheck. Paper checks can easily get lost in the mail, stolen or misplaced. Inclement weather can cause disruptions with mail delivery, which could delay the delivery of your paycheck. Also, many banks now charge customers to cash payroll checks.
Direct deposit can also be a tool to help you save money. If you have a separate savings account, it’s a great way to add small amounts to savings each pay period with no effort, and what you don’t see you can’t spend.
If you have your entire paycheck direct deposited you can also choose to go paperless and set up an online account to view and store your check vouchers.