This video provides a basic comparison "Checking Account vs Savings Account" in a simple, kid-friendly way.
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The video addresses the topics below:
- What are the differences between a Checking Account and a Savings Account
- Difference in taking money out through ATM
- Difference in interest earned in a Checking Account and a Savings Account
- Difference between the fees charged
- Which account should be used in which goal / situation
- How to choose a Checking Account or a Savings Account
Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!
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The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.