Archive for May, 2008

What are the Benefits of Having a Savings and A Checkings Account?

Sunday, May 25th, 2008

Brian asked: I have a Checking, Savings and Credit Card Account
But, I just Realised that I can move my Savings over to my Checkings and just have the 2 accounts.
What are the benefits of Having a Savings Account?
What do I get out of it?(Aside from the puny interest plus on it)
Do I get Credit Points [...]

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Should I get a savings account or a CD?

Saturday, May 17th, 2008

rachelle171986 asked: I have $1,000 to deposit into a savings account or CD. We’re planning on buying a house in the next year or so and would like to save for closing cost, down payment, etc. So, we would be continously depositing money into the account. Which would be better for what we need?Rubin Fergerson

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