Generation Y and the checking account….
It has come to my attention in a fun and interesting way that some of the Gen Y’ers have checking accounts but they don’t necessarily have checks. I sat down with a client last night and we put pen to paper to make an offer on a wonderful home around the corner from his parents house and when I asked him for an earnest money deposit, his question to me was… “it has to be a check?” Wow, I thought for a second and realized what a great question and answered, well….uh yes I suppose it does. To which he replied ” I have never written a check before” You see he pays either online or with a swipe of his card.
Is generation Y the beginning of a paperless society? Will this old fart see a world convert to only plastic currency? Interesting.
Well, until then, when you go to buy a home kids, you still need checks.
Oh, don’t reply that we can accept jewelery, boats, planes, trains and automobiles 
Kelly…
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