142k views
3 votes
Why is important to have a checking account savings account and certificate of deposit?

1 Answer

4 votes

Answer:

So you can be prepared to handle future responsibilities about finances.

Step-by-step explanation:

One prime example would be when you go to college you need to make decisions whether to keep the money or give it away for some fragile reasons/needs. Maintaining a checking account instills the habit to grow & safeguard the savings you might make working after school. Just my two cents! :)

User Sabiwara
by
3.7k points