Question

How often should you typically monitor your checking account?

Answer 1

Answer choices are:

A.Monthly

B.Yearly

C.Daily

D.Every three months

________________________________________________________

Correct answer choice is:

A. Monthly

________________________________________________________

Step-by-step explanation:

A checking account is a deposit account maintained at an economic organization that provides withdrawals and deposits. Furthermore named demand statements or transactional statements, checking accounts are very viscous and can be reached utilizing checks, automated teller machines, and computerized bills, with other systems.

The following actions can assist you to maintain your checking account adequately.

1. Analyze your expenses.

2. Seek to lessen fees and expenses.

3. Buy for a conventional account.

4. See for a stable money-management means.

5. Observe your accounts monthly.

6. Analyze your expenditures repeatedly.

Answer 2

A person needs to check their bank account monthly. Each month, a person needs to sit down and go through their checking account and make sure it is balanced correctly. if not, a person can overdraw on their account. When an account is overdrawn, the bank can charge an overdraft fee to the account holder. As soon as a person writes a check or used their debut card, they need to make a note of this in their checkbook or a notebook. This will allow the person to keep up their correct balance at all times.