Finding the right bank account seems to be very difficult. Many people have several checking and savings accounts running simultaneously with no actual benefit. It would be better than have one efficient checking account and one efficient savings account running and then you don’t have to worry anymore about your day-to-day banking. There are two … Continue reading Finding the Right Bank Account — Evaluating Alternatives
Category: Personal Finance
Preventing Identity Theft
“Identity theft” explains it clearly; theft of ones identity. Under Federal law, identity theft is defined as when a person “knowingly transfers or uses, without lawful authority, a means of identification of another person with the intent to commit, or to aid or abet, any unlawful activity that constitutes a violation of Federal law, or … Continue reading Preventing Identity Theft
Student Checking Accounts: A Great Way to Teach Money Management
Student checking accounts may be one of the best ways to help a student, either high school or college bound, learn how to budget, account for, and manage their own funds. Here, we have information on student checking accounts. Also, see our our checking lessons section for some helpful teaching and learning worksheets and lessons. Student … Continue reading Student Checking Accounts: A Great Way to Teach Money Management
Bank Accounts and Accounting: A General Overview
Nobody is thrilled when they get their monthly bank statement. Whether the balance shown is negative, less than expected, or the account just needs to be reconciled, it’s a time almost everyone would like to avoid. Why? I think the greatest contributor to this attitude: we simply do not know enough about banking, reconciling, and account management to look … Continue reading Bank Accounts and Accounting: A General Overview
What is Economics?
Economics is the study of how a society uses its resources to satisfy its wants and needs. What does that mean? Consider the following three scenes. First, a household works together to do the chores. They cut wood for the fire place, cook meals, go to the store to buy food, and rent movies at … Continue reading What is Economics?
Personal Finance and Your Future: Your Retirement Account
Some people do not feel they have the money needed right now to live on. If you are employed, you should be thinking about your retirement. Social
Personal Finance: Establishing the New Year’s Goals
With the New Year upon us, there are many things individuals and families need to take into consideration outside of the resolutions you may make to lose weight or to spend more time together.