Savings: Savings 101

Why put your money into a savings account when you already have a checking account? What's the point of having more than one bank account? Well, for starters, most savings accounts earn interest, often much higher than a standard checking account. That means your money is making money while it just sits there. In this course, we'll talk about the basics of savings accounts, the various types of savings accounts to consider, and the benefits of opening an account.