Articles Archive for 21 December 2009
Your Financial Fitness »
The main purpose of a checking account is to provide a safer method than cash for making payments (bills, purchases) while providing a record of all the transactions, all activity, on the account.
Record keeping is a must and will serve you well over the years regarding the many monetary issues that you will have to handle, from returning a purchase to filing your taxes.
A checking account is an efficient vehicle that will provide you with a detailed accounting of all the activity and money that passes through the account: deposits, withdrawals, …
