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Many places will not take cash, so if you need to pay a bill to one of these companies you will have to buy a money order. The extra cost in money and time detracts from your ability to advance financially. Even when you don't write checks, you can pay many bills online with an automatic deduction from a checking account.

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Q: How does a checking account help someone to reach their financial goals more than someone who cashes a check to cash?
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