A money order is a great way to make a payment or purchase something securely. If you do not have a checking account you can still use money orders to ensure that you have the money that you need on you, without having to carry a lot of cash when you need to make a big purchase. Money orders are accepted by almost any business. You can also use money orders at the bank or any government agency.
There are a lot of people that purchase money orders when they know that they are going to need to send money through the mail. When you decide that you are going to send money through the mail, a money order may be the most secure way to send the money.
Money orders can be a great way to budget, as well. When you know that you are going to be cutting it close paying your bills, you may want to purchase a money order so that you can be sure none of the checks are going to bounce. If you take time to get all of your money orders after you get paid, so you can be sure your bills are paid you will then be able to budget the rest of your money accordingly.
Finally, if you are paying someone that holds onto checks for a long time, a money order may be a great way to keep your finances in order. When you purchase a money order instead of writing a check you will know that all of the checks are going to clear right away. You will know how much money you have and you won’t have to worry about a stray check getting cashed when you do not have the funds in your account.