There's a lot to be said for tried and true financial practices. However, many of the money habits of your youth may have outlived their usefulness by now.

If any of the following statements ring true for you, it may be time to seek easier, more convenient or more profitable ways to manage your money. Here are six signs you're behind the financial times -- and why you might want to catch up.

1. You still prefer checks

So you write still checks at the grocery store? You're certainly not alone, but that doesn't mean it's wise.

"Certain people still love to write checks," says Keith Klein, CFP and owner of Turning Pointe Wealth Management, a Phoenix-based firm serving clients nationwide.

Rather than fumbling for a pen in the checkout lane, why not swipe your debit card instead? Money pulled from a debit card comes from the same place as the funds for your check, but using your card offers a few distinct advantages. Most banks and merchants offer free debit card transactions -- saving you the cost of checks -- and choosing this payment method allows your transaction to show up more quickly in your electronic records. Even better, you probably have built-in fraud protection on your transactions if your debit card sports a Visa or MasterCard logo.

2. You ignore online bill payment services

Bill pay services are a beautiful thing. They make it simple to pay for everything from the mortgage to an eBay auction item.

"Online bill payments can be done automatically or one at a time," says Tim Shanahan, explaining why they can be used for virtually anything.

Shanahan, president and chief investment officer for Compass Capital Corporation, an investment firm in the greater Boston area, suggests you look beyond your financial institution to non-banking payment options as well.

"PayPal is virtually riskless and instant," Shanahan says. "It makes so much sense if you have the account and your counterparty has at least an email address."

3. You are scared to bank outside of the branch

You're making your life harder than it needs to be if you refuse to bank outside of the presence of your favorite teller.

"Some people refuse to use an ATM," says Klein. "Maybe it's a fear of getting robbed or the fear of not being face-to-face with a teller."

It's hard to find updated data regarding the number of robberies that occur at ATMs each year, but a 2002 report from the Department of Justice pegs robberies at one per 3.5 million transactions. So the biggest thing you realistically have to fear at the ATM is the outrageous transaction fee you may be charged.

Besides, there are plenty of other ways to bank without using a branch or the ATM. You can even deposit checks at many institutions by snapping a photo -- a method Klein says makes sense since it is basically what banks do to process physical checks today.

4. You maintain a bottomless pile of paper statements

Keeping accurate records is essential for sound money management, but that doesn't mean your financial statements need a room of their own. Rather than storing physical statements, scan and store them in the cloud. Even better, ditch the paper statements completely and have them sent electronically.

If you use a financial firm to manage your accounts, check to see if they'll do the legwork for you.

"We aggregate everything, whether (our clients) do their investments with us or not," says Klein. "Then when they need a mortgage or loan, we can fill out an application in five minutes."

5. You pay someone to do your taxes

Another old-school financial practice Klein says many people can ditch is paying someone to do their taxes.

"Accounting software can let many people get their tax return done for free," he says.