If you ever got a check as a gift, or watched your parents pay bills, you might have wondered how a check could take the place of money. Read on to find out what a check is and how it’s used.
What is a Check?
A check is a piece of paper that stands for money that you have saved in your credit union account. You can only write a check for if you have enough money in your account. Let’s say that you have $79 in your checking account. You want to buy something that costs $90. Can you write a check for it? No, because you do not have enough money in your account.