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Joined 1 year ago
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Cake day: June 25th, 2023

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  • JargonWagon@lemmy.worldto196@lemmy.blahaj.zone📄 rule
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    1 month ago

    I’ve had direct deposit at every job I’ve worked for over a decade. Before then, I only had one job that didn’t offer it, though I had friends with jobs that did have direct deposit. Very common to have it these days. Some jobs can even get you direct deposit for the amount you worked that very same day, so I’d work 8 hours and by the time I get home, I’d have my pay from that day, and it’s like that everyday.

    Source: US citizen


  • Looked into it some more - I can move money to an external account via the app at no cost, but a “wire transfer” needs to be performed in person or over the phone with my bank, and there is a $20 fee. Not sure what the difference is besides the name and how the banks are handling it, but it’s the same thing. I can send money to someone at the same or a different bank/credit union for free and without relying on third party apps. Will edit my comment.


  • JargonWagon@lemmy.worldto196@lemmy.blahaj.zone📄 rule
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    1 month ago

    Idk what all this talk is about - we have wire transfers in the US. I don’t need a third party to do it either, it’s exactly as you’ve described, I can do one through the bank’s app or on their website, and it’s free. It’s not as common though since the information required is: Name of the recipient’s account exactly as it is, account #, routing #, and exact name of the bank tied to the routing #. You can save that info though to make it easier to transfer the next time around - it’s very useful for close family and friends.

    EDIT: Turns out I have two different ways of transferring money. One is just moving money between accounts, can be at the same or a different financial institution, has the same functionality as a wire transfer, is free, and doesn’t rely on third party apps. A wire transfer is apparently done via some federal system and does require paying $20 or so, but I haven’t had to do a wire transfer in forever. I’m not sure why anyone would want to do a wire transfer.



  • I think part of that larger discussion needs to include the array of reasons that people become homeless in the first place, cause it’s not just that they lack motivation like your comment suggests. There’s mental health reasons, financial reasons, drug addiction, alcoholism, etc. And once you become homeless, it can be difficult to get out of - jobs require that you have reliable transportation, and an address for mailing stuff to you, that you look presentable, and that you don’t smell.

    A fair amount of homeless people have smartphones nowadays, so I think a system in place where temporary residence can be set up, a bank account set up, access to therapy, and priority access to remote jobs can take place will be a huge step forward in reducing the homeless population. That and also capping interest rates and market values for houses/condos/apartments so that they’re actually affordable to the common person.