Checking vs. Saving Accounts...What’s The Difference?
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- Опубліковано 12 вер 2024
- Thanks for tuning in! Today’s topic will cover the differences between a Checking Account and a Savings Account and how to use a Debit Card.
Finance For The Youth: Episode 2-
Checking vs. Savings Account and How to use a Debit Card
With Brandon "Beast Boi" Juezan
Learn more about Versa-Style:
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No doubts , A good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated
@@Alexedmartin Generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (Regina Louise Collaro) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her.
She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself.
@@eadad4371 That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@@Alexedmartin look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located
@@eadad4371 I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .
I’m turning 18, you just expanded my knowledge. I tried looking at other videos but you explained in a way i could understand. So I appreciate this.
What a beast. Im 16 and got my debit today and was a little confused but you explained it very well
Just turned 18, thanks for the info
👌🏾
This video was very useful, cause school doesn’t teach us this
Lets be honest school only teaches us 10% of what we’ll use irl.
S
Do i have to go to a bank tell er in order to cash my cheque with my saving plus vis debit card
S
Hi i am first new in this
Awesome Mate
It’s people like this who’s content reflects how much they love to teach that makes my day. Thank you sir 🙏🏻
Love this :-) lets keep educating our youth...
Fantastic! My students need this information. Make more!
You nail it down, thank you so much broh. I just subscribe . UA-cam algorithm must have put that video public already.
So glad you enjoyed it and thank you for subscribing!
So if the savings account is to keep it in the account and save, when can you use the money?
We recommend to use the money in your Savings Account in case of an emergency or if you've been saving up for a big expensive purchase, but you can use the money whenever you want. Just don't forget to either transfer the money from your Savings Account to your Checking Account to use the money with your debit card or visit the bank to take it out as cash. (:
Can I deposit my check into my savings account
very good.............
I just got a checking and savings account today. This video really helped me to know the difference between the two. Thank you!
So glad this was helpful! (:
@@VersaStyleLA hi I have a question what happens if you put real money into your checking account
@@dylanpajuelo8352 whether you deposit physical cash at the bank or your job directly deposits funds into your checking account, the bank will treat it the same way. You can transfer the cash deposit to a savings account, you can take it out for physical cash again when you need it. You can use it to pay bills directly from your savings account. It essentially all works the same!
You nailed this video! I learned a lot thanks.
Happy to hear that it was helpful (:
Thank you!
Hope it was helpful! (:
thank you
You're welcome! (:
These are great vids!
Thanks for the great information man👍
I haven’t yet opened a savings account
So much info I didn't know!
Wait, so I’m 17 and I’m going to begin work. I’m going to get a debit card, but my mom said for a savings account. Hypothetically, let’s say I go to the mall and want to buy a phone with the savings account debit card, will I be able to do so? Will I need to open both a checking a and savings account?
Hello Ash,
When you obtain a Debit Card it will be linked to a checking account. You cant get a transaction card for a savings account. If you want to use the money in your savings account with your debit card you need to transfer the money from your savings account to your checking account. Hope this helps! (:
@@VersaStyleLA Just yesterday I got my debit card! I have a checking and a savings account; the bank teller was very helpful and so were you!💖
Wow , this helped , I always thought only Savings account is the right account to have.
Smart dude , I’m always careful with my savings account
Underated
Is a savings card considered as either a credit or debit card?
Neither. Your Checking Account is the account linked to your debit card. In order to use the money in your savings account with your debit card you need to transfer to your checking account. Hope this helps! (:
I wish my school teacher us how to do tax or how to use a bank account
Keep it up Beast 🙌🏽🙌🏽🙌🏽
ATM SAVING ACCOUNT CAN PAYMENT FOR SHOPPING PLS ?
I should have not made a savings account at all; I ain't a person that saves anything. It all started last week when my mom begs me to get a savings account. I always been going to check cashing places and I place my money into a checking account with my debit card. I never knew that I signed up a savings account without know what it was.
i remember when i got my first debit card i could not figure out why i kept getting denied, it turned out i just kept putting money in my savings account but not my checking account
4:50 i dont think it’s 40$. I think it’s 400$ boss
It's 0.05 not 0.5. You're probably confused because he used ".05" instead of "0.05"
Nice Percent Calculation demonstration fellow peace out 😇🤣🍌😉😎🥸🥳✌️🌌🌆🌅🌄🏙🏙🌃🌁🌉🌇