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The purpose of a checking account

Posted on February 1, 2015February 1, 2015 by Richard the MBA

Checking account is basically your cash.

Your checking account is likely your most active financial account. Money flows through your checking account constantly: paychecks, refund checks, meal share cash, etc come in, and payments for credit card bills, rent, services, etc. go out. Continue reading The purpose of a checking account

Emergency fund – the pillar of your personal finance

Posted on January 31, 2015February 7, 2015 by Richard the MBA

**Emergency fund is for emergency situations.**

I started saving for emergency fund even before having an idea of what it was about. To most people, the concept of an emergency fund is very intuitive. It is the money saved aside for emergency situations. Continue reading Emergency fund – the pillar of your personal finance

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