NEW INSPIRATION | NEW CHALLENGE | NEW LEVEL
FINANCIAL BASICS
COMPONENTS TO
MANAGING YOUR
FINANCES
• BUDGETING
• INCOME
• SAVINGS
• DEBT MANAGEMENT
• INVESTING
• CREDIT MANAGEMENT
• INSURANCE
• RETIREMENT
• EMERGENCY FUND
• RETIREMENT PLANNING
• ESTATE PLANNING
• AND MORE
It is not necessary to know every intricate detail about finances to have a solid portfolio. The key is becoming aware. You might ask, become aware of what?
Being aware of what's available to you as it relates to managing finances is vitally important. It goes a little further than just deciding which account to open. Various deposit accounts serve a variety of purposes. However, even before that; there are certain financial fundamentals that should be considered.
ACCOUNT BASICS
A checking account is a specific category of bank account designed for routine financial transactions, such as bill payments, purchases, and cash withdrawals. This type of account facilitates convenient access to funds via debit cards, automated teller machines (ATMs), checks, and online banking services.