Ways of Getting Paid

Get Started. It's Free
or sign up with your email address
Rocket clouds
Ways of Getting Paid by Mind Map: Ways of Getting Paid

1. Paper Paycheck

1.1. Pros

1.1.1. Can choose when to cash it

1.2. Cons

1.2.1. Have to wait until check clears to access funds

1.2.2. Could bounce

1.2.3. Could lose it

2. Direct Deposit

2.1. Pros

2.1.1. Automatically have access to funds

2.1.2. Can't lose it

2.2. Cons

2.2.1. Could potentially be unsure of how much being paid

2.2.2. Banking errors

3. Payroll Card

3.1. Pros

3.1.1. Have access to funds even if you cant get a checking account

3.2. Cons

3.2.1. Not linked to a personal account, has to be carried around

3.2.2. Could lose it

3.2.3. Fees

4. Cash

4.1. Pros

4.1.1. Instant liquidity

4.1.2. Could help you from overspending

4.2. Cons

4.2.1. Taxes potentially not taken out

4.2.2. Dont know how much you're getting paid

4.2.3. Could lose it