Passbook vs ATM
By Simone
@Janet357 (75638)
September 10, 2018 10:21pm CST
I'm always careful with my finances. I avoid debts and things I don't need. One of the ways to develop wise spending is by opening an account with passbook only. The reason is that I cannot withdraw anytime I want because banks are kinda far from us. I have to stand in a long queue. Unlike if I open with ATM (and ATM machines are everywhere) tendency is, I can withdraw money anytime I want thus it will lead me to impulsive buying.
Atm is sometimes the reason why some can hardly save. I always have some money in my pocket though whenever emergency arises.
ATM also promises little security. Nowadays, the crooks are just as smart as the banks in keeping their depositors' money safe. They can easily steal your money by doing some stuff beyond your imagination and before you know, your ATM is drained already.
What about you, do you prefer ATM to passbook or vice versa?
5 people like this
6 responses
@JESSY3236 (22246)
• United States
11 Sep 18
I hardly withdraw money from ATM anymore.
1 person likes this
@yoalldudes (35030)
• Philippines
11 Sep 18
ATM is good for emergency, but for saving and larger amounts passbook is better.
1 person likes this






