Check, please!
by astanhaus
I’ll be using my checking account to pay that.
(click on the bold-faced vocab words:))
No interest $$ is being earned, so funds in my checking account are on the run! Responsible run, of course.
Savings accounts are for funds in it to win it. A saving account’s prize is interest payments.
When my checking account is feeling low, and my $$ maker (shake it!) is not making enough $$, I move $$ from my savings account to my checking account to be spent.
I HATE having to move $$ from my savings to checking account.
And I HATE that not everyone thinks I dance like Beyonce.
But, there is a distinct difference…
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)
