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