Checking Accounts As Part Of A Financial Solution Plan
What is the use of a checking account as part of a comprehensive financial solution plan? The answer is quite simple: it's a method of keeping highly liquid cash assets in a state ideal for frequent deposits and withdrawals. As the name implies, it is typically a type of bank account that is designed to be set up with a physical checkbook. While physical checkbooks have become somewhat antiquated in today's electronic economy, it still serves a very functional purpose (albeit in a more electronic sense).