Generational Observations

Categories
Lifestyle

 

I very distinctly remember opening my first bank account.

 

I was probably ten years old. It came with a small, crisp book that recorded in stacked type my first ten dollar deposit. I was so excited and held that passbook proudly. Each time I visited the bank with another deposit, I actively watched my deposits grow. My passbook became historical evidence of my savings. Each entry showed how far I was towards accomplishing whatever financial goal I had set at the time. As the pages filled up, I felt rich.


Fast forward.


Sitting at my kitchen table tonight I took a picture of a check with my phone, confirmed that I wanted to deposit it into my daughter’s bank account and hit “Deposit”. More convenient, for sure. But to be honest, I kind of miss the passbook.

Comments

Rona Gura

I was just commenting yesterday how much I appreciate being able to sit at my desk, snap a picture of a check and have it deposited. It's a great convenience.

Although, I do remember my first passbook and being so proud of every recorded deposit. Of course, I also remember sneaking around my parents to make withdrawals. Once a shopper always a shopper!!
Riva Schwartz

After my parents died, I was cleaning out their house and came across my old school savings passbook - I thought with 25 years interest I would be rich! No such luck!
I was informed that passbooks were no longer used and it was worthless!
David Abeshouse

I recall getting my first passbook -- it was for a school savings account when I was in second or third grade. I recall that the bank looked HUGE. I revisited the bank years later, and it was...well...just a bank. The passbook account eventually got merged with my paper route proceeds account at Citibank, when I was ~12. I still maintain that account. I hope it has more than $17.39 in it now -- I'll have to check.
Ellyn Finkelstein

Trips to the bank and getting the interest stamped in my passbooks accounts - yes, I remember. Rarely go to the bank in this day and age.

Add new comment

Restricted HTML

  • Allowed HTML tags: <a href hreflang> <em> <strong> <cite> <blockquote cite> <code> <ul type> <ol start type> <li> <dl> <dt> <dd> <h2 id> <h3 id> <h4 id> <h5 id> <h6 id>
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.