QoD: How many checks does the average American write each year?

Mar 24, 2019
Checking Accounts, Question of the Day, Research

Hat tip to Kerri Herrild for today's question of the day. 

Answer: 38


  • if you have a checking account, how many checks have you written in the past month?
  • What do you think are the most common expenses that people write checks for? 
  • What do you think the answer to the number of checks would be for the average teenager with a bank account?
  • Do you think the answer to this question will change in the next five years? Explain. 

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (from the Penny Hoarder):

According to Bloomberg, while check use is still declining in America, the rate of decline has slowed in recent years, and banks still report that a huge amount of money is moved via check. “Our customers wrote almost a billion checks last year. Checks will be around for a while,” Michelle Moore, Bank of America’s head of digital banking, told Bloomberg. “But P2P is what really is growing phenomenally year-over-year.”


Check writing is important...but so is learning how to manage an online bank account. NGPF's Online Bank Simulation can help you accomplish that goal with your students. 


About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.