What are your financial cost of being unbanked

People who deal only in cash face average annual costs of $198.83 for check cashing and money order services. With approximately 9 million unbanked households in the United States, down from 9.5 million in 2013, the aggregate annual cost to these families is between $1.8 billion and $4.5 billion

"Unbanked" is an informal term for adults who do not use banks or banking institutions in any capacity. ... Unbanked persons also typically do not have insurance, pensions, or any other type of professional money-related services

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