Your checking account is a transactional account – meaning funds go in and out regularly. While the name checking account stems from the checks that one would receive when opening an account, nowadays many consumers choose to use a debit card instead of and/or in addition to a checkbook.   Are Checks Obsolete? Checks hold…

Budgeting is a skill that helps you make smart decisions with your money. It ensures that you’re spending less than you earn, it prepares you for life’s curveballs, and it funds your goals and your dreams. Unfortunately, budgeting is often seen as restrictive and overwhelming. Financial priorities are deeply personal, so it can be challenging…

When you start looking for financial advice (or any kind of advice, for that matter), experts will share their take on what’s “good” and what’s “bad.” In personal finance, there are some classifications that we can all agree on: Debt is bad. Emergency funds are good. Overdrawing your account is bad. Earning interest on your…