Usually I consider such stories as this too trivial to comment on, but as I write checks a lot more than I use a credit card, this article piqued my interest:
http://articles.moneycentral.msn.com/Ba ... ?GT1=33006
Of course, I am that older, "Baby Boomer" demographic that the story says is holding up progress by still writing checks. But, even though I'm not young, I am not about to "move on" to the afterlife anytime soon. I figure I could have another 30 years, maybe longer, and that is a lot of time (and a large generation of people) to write off as having fading impact.
I prefer checks because, mostly, I trust them more than credit or debit cards. I don't even have a debit card -- I was told that if my credit card were lost, and I promptly reported it to my bank, the limit of my damage would be $50. But, they told me, not so with a debit card -- someone who uses the debit card could drain my account and I would be out the money (this story states that banks cover the cost of lost debit cards, so I'm not sure what I was told years ago is still the case).
My son who is in France has both types of cards but prefers to use his debit, as he claims it is more widely accepted there than a credit card. But bank staff advised me to tell him to be very careful not to lose the debit card, as it does not offer as much protection from loss as the credit card (what I was told long ago).
Of course, increasingly retailers are going to electronic checking, which immediately ascertains the adequancy of funds in the account and the check amount is deducted right then, and there is not the risk of a check that bounces due to insufficient funds. That seems like a reasonable compromise to me: Protects the business from loss, and still allows me to pay from my checking account.
I rarely writes checks. I use credit (not debit) cards for almost all purchases- and always pay them off each month so no interest charge.
All my monthly bills are paid by automatic bank drafts so I don't have to worry about mailing checks or late charges.
I think it's insane how much people pay on interest and late charges when it is so easy to set up ways that avoid it.