 TITLE: How to Fill Out a Money Order CONTENT: Pros and Cons of Money Orders\n-----------------------------\nA money order is just one of many different ways to pay, but there are some benefits to using one over other options, including:\n*   They're safe and secure to mail.\n*   Legitimate ones won't bounce like a personal check.\n*   You don't need a bank account to buy one.\n*   You can send them domestically and internationally.\n*   Funds will be available immediately.\nThat said, there are some potential issues that may cause you to opt for an alternative payment method. Drawbacks include:\n*   The payment you can make typically maxes out at $1,000.\n*   In most cases, you need to purchase one in person.\n*   They can be easily falsified or altered.\n*   Fees vary depending on where you buy one.\nOne popular alternative to a money order is a cashier's check. These are only available from your bank or credit union, which means you need an account, but they allow for larger transactions. You'll typically pay a fee for this payment type too. Another option is to set up a wire transfer. This can be especially beneficial if you're sending money abroad, and it may be required in some financial transactions, such as closing on a home.\nIf you'd prefer, peer-to-peer payment methods are gaining adoption by both individuals and businesses. An app like Zelle, Cash App or Venmo might be the most convenient way to make a payment (even a large one) as long as you and your recipient are comfortable using it. END