An important step to take if you haven’t already done so is selecting a bank. Be sure to do research when deciding where you want to bank. Here are some things to consider:
Once you select the checking account you feel is right for you, it is a good idea to open a savings account as well. Frequently, savings accounts require you to go to the ATM to take out money and may penalize you if you take out too much. However, the benefit is that money in a savings account collects interest.
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