Is telephone and internet banking a real asset?
I loved it when the ATM machines came in so I could do all my banking without having to go inside the bank. I loved it when the banks then went online and I could pay all my bills in about a minute without needing envelopes or depending on the postal service to get the check there in time. I also could more easily track my payments so if a purveyor said I didn’t pay on time I could easily pull up and email off a copy of the bank payment and tell the guy to develop better bookkeeping habits. I also stopped ordering (and paying for) checks; I’ve had the same “book” of checks for over a year and only use them to send as money gifts to the kids. Before the economy tanked, I used to love the online only banking sites because they weren’t paying for brick’n’mortar real estate so, at least theoretically, didn’t spend (your) money on that. I do worry just a little about what would happen if for some reason computers stopped working and I get a bit sweaty whenever my computer has problems. I wo
