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Americans Rank Direct Deposit Their Top Money Management Tool

Treasury press release: “Americans say direct deposit tops both ATM cards and checkbooks as their most important tool for managing personal finances. Yet approximately one in three Americans still do not use direct deposit, including nearly 10.5 million Social Security recipients, despite the widespread opinion that direct deposit is reliable and safe. The national survey was sponsored by the U.S. Department of the Treasury’s Go Direct® campaign, which encourages people who receive Social Security and other federal benefits by paper check to switch to direct deposit.”

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