Managing your finances must start somewhere, it may as well be college. When you open a checking account it will not only help you manage your money but it can also help you develop a relationship with the bank. Building a banking relationship means your bank can offer other benefits and services you may need in the future.
Checking account mismanagement like multiple overdrafts, bouncing checks or leaving a negative balance on a closed checking account can land you in ChexSystems or Early Warning Services. Steer clear of financial practices that can lead you to having to open bank accounts for bad credit. Establish good checking account habits to begin building your financial future.
Here are a five valuable tips to manage your checking account: