Most people under the age of thirty plan a lot of things during this age, but fail to secure their finances for their future. Saving becomes a burden as expenses are never ending. There would be a lot of advices coming from the older generation regarding the same, but it’s given a deaf ear.

A joint checking account is a great tool for two individuals who want to manage their money together. It is suitable for couples, parents, children, siblings and even roommates. While it benefits in a thousand ways, there are many issues that concern bankers and even those who sign up for it.

A checking account has certain benefits over a savings account, even though it offers no interest on the amount deposited in the account. There is usually no minimum balance required to be kept in the account, and it is usually opened so that the account holder can take care of the daily expenses from it.

Federal Deposit Insurance Corporation, FDIC is the independent agency of the US government, which is responsible for protecting the funds placed in the bank by the public. This agency insures money deposited in banks and other types of savings associations. Credit Unions are insured by National Credit Union Administration (NCUA).

Are you looking for a good bank to handle your routine finances or to help you run your business smoothly? The good news is that in Connecticut, you have a number of options from which you can choose. From small savings accounts to business accounts with huge transactions, the state of Connecticut has everything to offer depending on individual needs.

Piggy banks are an ancient tool for saving money. They were made from pygge, a kind of clay and were called “pygge jars”. An evolution of the word took place and we were left with the term ‘piggy bank.’ Piggy banks are a great educational tool for teaching kids the importance of savings and managing finance.