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Old 09-16-2004, 08:57 PM
Jim
 
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Bank with very little banking

Here is a way to keep you cash out of the hands of the banks. Let’s assume you have a healthy wad. For this I will use $10,000

You have about $700 of bills to pay and want $300 jingle in your jeans for the month.

Pull it all out of the bank in the form of 10 $100 bills and cashiers check made out to you for $9,000.

Go to yonder post office and get money orders for the bills that must be mailed. Do the rest in cash.

Go home and find a good hiding place for the cashiers check. Avoid CRS.



Next month take the cashiers check to the bank and cash it the same way but this time the new cashiers check will be $8,000.



Many banks will make cashiers checks for free if you have an account so you might want to leave $1 in there.



Prof. Jim

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