Savings & Checking
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- Guess who's back Mr. Pepto Man! Ready to hear more about finance? Doesn't matter because I'm gonna tell you anyway, starting with: Savings VS Checking.
- Savings: Primary used for storing, Saving and Growing your money which you can earn interest
- Checking: Typically used for regular transactions like purchases and bills
- weezer
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- How to Escape from Skeletons that want to Teach youFinance
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- Skeleton to Major PeptoLet me tell you about Earned vs Paid InterestEarned Interest is the rate interest a investment or deposit is generating.Paid Interest is interest you received as payment into your bank account.Welp that's enough about finance for today, now I have no idea how we are going to get back to earth. My bad
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- Then the skeleton told Mr. Pepto the difference between credit vs debit cards."Credit cards give you borrowed funds by the bank, they can give rewards like discounts and travel points also they help you build credit.""Debit cards is money from your bank account, there's no interest charges, no late fees, but it won't help with building credit"This skeleton guy is my favorite character.
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