what was the procedure of money order step by step
Answers
Answer:
- Fill in the recipient’s name
Write the name of the person or business that will receive the money order on the line that starts with “Pay to the Order Of.”
The recipient will be the only person or company authorized to deposit or cash the money order. It’s a good idea to fill out this section as soon as possible to make sure it doesn’t fall into the wrong hands, and make sure to spell the name correctly so your recipient will have no problem cashing it.
2. Write your address in the purchaser section
You’re the purchaser, so your information goes in this section. You’ll want the recipient to know how to contact you if there are questions or issues with the payment. Sometimes your full name is also required
3.. Include your account number if you’re paying a bill
Some money orders have a “payment for/account number” field. Filling it out helps make sure your account is credited for the payment.
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Explanation:
Those steps are:
Figure out how much money you make;
Create a budget;
Categorize your expenses;
See if you have money left over after paying for needs;
Change spending to save more money;
Build up your emergency fund;
Pay off short-term debt;
Open a retirement account;
hope it will help you