Savings and checking accounts can really help you be in control of your cash! But they’re also a big responsibility. With a savings account, the idea is to keep your money in the account, where it can grow. And with a checking account, you have to be sure you have enough money to spend.
You might not want these responsibilities until you’re an adult, but even so, it’s good to learn to manage your money now, so it will be easier later.
We’ll look at this a lot more closely in Credit and You!
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