Category: Banking

Banking is an essential part of modern life, providing us with financial services and support when we need it most. Our expert tips, advice, and resources provide you with valuable insights into the world of banking, from choosing the right bank and account to understanding banking fees and interest rates. With our comprehensive resources, you’ll learn how to manage your finances effectively, access banking services and products, and make informed decisions about your financial future.

What is a Savings Account?

A savings account is an account that allows you to store your money safely and earn interest. Savings accounts are a basic bank account that allows money to be deposited. It allows you to withdraw money when you need to.  Savings accounts are offered by many banks, credit unions and other financial institutions.   A savings … Continue reading What is a Savings Account?

What is Saving?

Saving is when you are not spending all the money that you have that you have earned. Because you are “saving” it. It’s the process of putting aside money for future uses, and not spending it immediately.   Why should we save money? You can save money to achieve short-term goals, such as saving to … Continue reading What is Saving?

What is a Check?

A check is a document which is dated, written, and signed, that instructs a bank to pay money from the writer of the check, the payor, to the bearer, or payee, of the check. The check is printed by the drawing bank for the account holder to use. The payor signs the check and then … Continue reading What is a Check?

How to Cut Banking Fees

Your banking expenditures are increasing everyday. You need to cut banking costs. While most people use a bank account to save money, some of your hard earned money is usually taken by the bank in the form of monthly fee or maintenance charges. Here is some advice and tips on reducing the fees you are … Continue reading How to Cut Banking Fees

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