Occam's Checking Account.
Occam's Razor is often expressed in Latin as the lex parsimoniae (translating to the law of parsimony , law of economy or law of succinctness). The principle is popularly summarized as "the simplest explanation is more likely the correct one". I do almost all my banking on the Internet. Aside from a stray institution that "needs" a paper billing statement returned to them, I write almost no checks. Like everything else, there is good and bad to that. Most of the bad lies in the future, with the potential for Internet fraud. The good lies in the present. One thing that is particularly frustrating - until you stop and think about it - is the transfer of money from one account to another. When I pay a bill from my checking account, it takes between 2 and 5 days for the payment to reach the payee. That makes it necessary to do some actual financial planning, or else the bills will be late. It frustrated me until I figured out a viable alternative. I now pay m...