In addition, you can cancel a money order in most cases as long as the recipient hasn’t cashed it yet. Plus, you avoid the potential dangers of having your cash lost in the mail or stolen. Because you get an actual receipt for the money order, you have a paper trail to account for the money you’re sending. So money orders can be cheap and safe alternatives to mailing actual cash. Money orders are sold at Walmart and CVS, as well as any post office and many grocery stores and gas stations. Then, you sign it and mail to to the proper recipient, who can exchange it for cash. Instead, you buy one with the amount you plan to send to someone. But they’re not linked to any bank account.
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