Here you’ll find fundamental concepts and introductory information essential for individuals to establish a strong foundation in managing their personal finances. It covers a range of key topics, providing practical insights and actionable advice to help individuals make informed decisions about their money.
s being deposited or withdrawn from a bank account, the request needs to be reviewed and verified by the bank first. When these requests are received but on hold, they are called pending transactions.
The string of numbers on the bottom of a check is called the MICR line. It is made up of first the routing number, followed by the bank account number, then the number of the check.
Most of us have bank accounts, but we don’t always understand how they actually work. There are plenty of questions I’ve had over the years about my bank account and I’m sure you have too.
Are you looking to open a new bank account? As you’re shopping around to find the right bank, you’re most likely thinking about how much money you need to open a bank account. Well… here are the minimum opening deposits required at various banks for a checking or savings account.
I used to always wonder what that long string of numbers on the bottom of a check was, and you might have as well. It is made up of your account number, routing number, and check number. So if you need to locate your routing number on a check, here’s how you do it. How … Read more
Payroll tax deferral? What’s that? Well, in 2020 due to the ongoing COVID-19 pandemic, the people in charge at the White House thought it might be a good idea to defer federal tax collections from our paychecks. Note that I said defer, but we’ll come back to that later. Anyhow, this brilliant plan came about … Read more