Posted by on Aug 1, 2012 in Blog | 0 comments

Direct Deposit or Check?

If given the freedom to choose how you want to pay your alimony each week or month, it’s important to understand your spending style and priorities.

If you need the parameters of a fixed budget to stay fiscally responsible, then having the money deducted from your bank account or via probation is a sure way to establish a non-adjustable routine. Do the math. Deduct your alimony payment from your take home salary and figure out how much money you have to spend each month. Without less payment latitude available to you, the money you truly earn becomes less visible. The money you keep is all you have to spend, so the temptation to delay payments or borrow from what’s not yours by law is not an option.

On the other hand, if you are scrupulous about paying bills on time but periodically need wiggle room for payment, then writing a check might be more suited to your circumstances. Your ex must, however, must not be the type of person who alerts authorities if your check is a day late. Keep this in mind if you prefer this style: I know many a payer who gets pretty twisted up inside every time pen hits paper. The act of writing each check is a repeated reminder of a term that is rarely welcome or desirable. If the repetitive act of physically writing alimony checks incites anger or induces stress, then a direct deposit into your ex’s account might be the way to go.

The law is not on your side if you become delinquent. If you look good in an orange jumpsuit and have always aspired to collect trash on the highway…well, you know where I’m headed with that. It may not happen often, but it has occurred. So be careful. Choose wisely.