Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Everyone makes a few of these banking errors, but the important thing is to follow this expert's advice on how to correct ...

What Is an Account Balance? An account balance is the amount of money available in a financial account, such as checking, savings, credit card, or investment accounts. It represents the net difference ...

Both checking and savings accounts can be powerful tools for financial planning to budget, save and reach financial goals. Selecting the right bank account for your needs can lead to significant ...

A checking account is a useful tool for managing your everyday money, offering flexible access for frequent payments, withdrawing cash or covering emergencies. Because it’s designed for day-to-day ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

A checking account is for managing your day-to-day finances, such as paying bills, making debit card transactions and writing checks. A savings account is for storing funds for emergencies or ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. A senior checking ...

Can Teens Get a Checking Account? Teens can get checking accounts, but any teen who is under 18 years old must be accompanied by a parent or legal guardian. The adult acts as a custodian who watches ...

Checking Account vs Savings Account: What’s the Difference? Your email has been sent Learn the benefits and differences between checking and savings accounts to help you choose the best fit for ...