All tagged Saving

Do you remember the moment you first opened a savings account? Most of us likely opened one with our bank who held our checking account and direct deposit at the time. It seemed standard, but the only thing I really thought separated a checking from a savings was that it was money I should not touch. Many of us learned later that we can only withdrawal money from the account 6 times per statement cycle, we might have needed a minimum balance to maintain the account without fees and it yielded us some interest!