Question

What type of bank account is the best one to use to manage household expenses? Question 1 options: a checking account a savings account an individual retirement account (IRA) a certificate of deposit (CD)

Answer 1

Checking account

Step-by-step explanation:

This type of account is reliable and accessible for your daily expenses on other transactions that will help you keep your cash safe. Customers can get to quickly use their shopping card as well as cheques when making purchases, shopping or other bills that must be paid. The account has different options and prices to help avoid higher monthly consumption charges. To ensure you choose the economical service, compare the differences in the given values with the service that you need.

Answer 2

The best type of bank account for managing household expenses is a checking account.

A checking account offers easy access to the client's money for his daily transaction needs and helps him protect his cash. Customers can use a debit card or checks to make purchases or pay bills.

A checking account is a great way to manage money for daily expenses. Both writing checks and using a debit card are safe and convenient ways to pay with funds from the checking account. In addition, clients can get cash when they need it.