Checking / Savings Account

Checking / Savings Account

 

Think about…

  • Do you balance your checkbook often enough, ensuring that you don’t overextend yourself?
  • Are your savings in line with your life goals, such as taking a vacation, home ownership, or retirement?
  • Do you have a weekly or monthly budget so you can plan for expenses such as rent and groceries and have a little left over to enjoy?

Resources…

  • Ask the bank about the types of accounts available— such as checking and savings accounts—so you are using them to your advantage and gaining interest where available.
  • Find out if the bank offers tools you can use to keep track of your money.
  • If you’re receiving disability benefits, there’s a limit on how much you can save without affecting your benefits. Read more about allowable savings at: http:// www.ehow.com/info_8247348_can-receive-ssi-socialsecurity.html