Everyone needs a checking account that allows them to transfer funds for needed expenses. While paper checks are seldom used now, a checking account with a debit card and other linked accounts can help you manage your expenses without having to carry much cash. Many local banks and credit unions offer free checking, saving you from having to pay fees to the big banks.
A savings account is necessary to help set aside money for emergencies and future purchases. Linking your checking account to the savings account makes moving money fast and easy.
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