tag:blogger.com,1999:blog-37476114.post6993724164959897307..comments2024-03-24T03:19:18.249-04:00Comments on An English Major's Money: I Hate FloatEnglish Majorhttp://www.blogger.com/profile/00276582833751319518noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-37476114.post-44536739867341907502007-03-21T00:54:00.000-04:002007-03-21T00:54:00.000-04:00I hate float, too! I have everything automated so ...I hate float, too! I have everything automated so my bills go out the day I get payed.Theory Cowhttps://www.blogger.com/profile/00536736901265899774noreply@blogger.comtag:blogger.com,1999:blog-37476114.post-19396757376283558452007-03-20T19:31:00.000-04:002007-03-20T19:31:00.000-04:00English Major, this "float" post motivated me to d...English Major, this "float" post motivated me to deposit a check my mother wrote me at the beginning of March. She thanks you (and so do I)!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37476114.post-75877364318822860742007-03-19T15:22:00.000-04:002007-03-19T15:22:00.000-04:00I understand how you feel, what I do is manually t...I understand how you feel, what I do is manually track all my expenses with quicken, and do reconciliation with the bank every night, but I pay little attention at the bank and more to my balances in Quicken, so I always count the real balance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37476114.post-3875696549549990962007-03-16T17:36:00.000-04:002007-03-16T17:36:00.000-04:00why don't you just give K cash? there is no more ...why don't you just give K cash? there is no more 3 day float for checks anymore. the float is the person depositing. i also vote on if K has the same bank, to do an ACH transfer to her account.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37476114.post-7380424869192516382007-03-16T16:40:00.000-04:002007-03-16T16:40:00.000-04:00I hate it too. I track all of my expenses ridiculo...I hate it too. I track all of my expenses ridiculously closely, and it bothered me to no end when my roommate waited three weeks to cash a check I wrote her for the utilities (once she cashed three months' worth at the same time, and how's THAT for confusing!) from an account that I was trying to close off.<BR/><BR/>I'm going to look into this online bill-pay to individuals business that my bank offers. Seems the best alternative right now.A. Marigoldhttps://www.blogger.com/profile/17250396680228283382noreply@blogger.comtag:blogger.com,1999:blog-37476114.post-79867814189449404702007-03-16T15:24:00.000-04:002007-03-16T15:24:00.000-04:00If K and you use the same bank, you should check o...If K and you use the same bank, you should check out online transfers, since updates are (almost) instantaneous. I would probably go crazy (or drive the better half crazy) if I had to give him a check! He is very lazy about going to the bank and his checks usually sit on the night stand for weeks. (I have been thinking to suggest this since your public letter to K some time back about depositing a check).<BR/><BR/>Anyway, I can't imagine what life was like before online banking either. Good thing I didn't have any money then to manage it :) I would have torn my hair out too :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37476114.post-59594322107866093512007-03-16T14:23:00.000-04:002007-03-16T14:23:00.000-04:00I didn't see the updated article, but I'm guessing...I didn't see the updated article, but I'm guessing its about CHECK 21. This will answer a lot of your concerns. When this program started, people didn't like it much, but since it's been a while (two or so years), people have gotten used to it.<BR/><BR/>Bill pay is an awesome suggestion too. You can even set up everything automatically, so most of your finances can do themselves, allowing you to have more time to do things you truly enjoy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37476114.post-40238807765096537802007-03-16T11:47:00.000-04:002007-03-16T11:47:00.000-04:00Rather than pay things with my checkbook, my bank ...Rather than pay things with my checkbook, my bank (WAMU) offers free bill pay. With that, they send a check to whatever company or individual I need them too, and take the money out of my account almost immediately. It's saved me from overdrafting because I forgot something was going to clear.<BR/><BR/>By the way, I really like your blog. I was also an English major, and am working my first publishing job in Orlando. It's cool to read the blog of someone who is doing the same thing at the same time as me. :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37476114.post-65446804108979112972007-03-16T11:28:00.000-04:002007-03-16T11:28:00.000-04:00You sound like someone who balances their checkboo...You sound like someone who balances their checkbook regularly. The way to deal with the float is to ignore it. When you write the check, balance your checkbook right away and as soon as you write it then the money is no longer available. If you think of it this way then you do not have to worry about when it clears. It is gone as soon as you sign the check.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37476114.post-13580909379780864312007-03-16T11:18:00.000-04:002007-03-16T11:18:00.000-04:00I'm real good with my day to day finances and trac...I'm real good with my day to day finances and tracking stuff like that and I only write a check or two a month. Inevitably, it takes a week for them to post and I always get that shock of "Where did $100 go" when I see my available balance. I hate float too...Anonymousnoreply@blogger.com