A bank account for everyday expenses.
What is a Checking Account?
An account at a bank to hold your money.
What is a Savings Account?
Committing money for financial return.
Investing
long term saving until you leave the workforce.
Retirement plans
Money given for doing your job.
Paycheck
You can deposit money later withdraw
Options for Checking Account use
Set money aside for short-term savings goals or emergency fund.
Savings Account options
buying shares of ownership in a public company.
Stocks
A goal set for a short amount of time.
short term goals
Total earnings before deductions.
Gross salary
Secure place for cash and other payments.
Checking Account Protection.
Gain interest
savings account earn over time.
agreement of lend your money to a government at an agreed interest rate for a certain amount of time.
Bonds
A goal set for a long period of time.
Long term goals.
Total earnings after deductions.
Net income