1. Banking: Introduction
  2. Banking: Why Use A Bank?
  3. Banking: How To Choose A Bank
  4. Banking: Check-Writing 101
  5. Banking: Making Deposits
  6. Banking: Debit Cards and ATMs
  7. Banking: Managing Your Checking Account
  8. Banking: Savings Accounts 101
  9. Banking: Basic Banking Precautions and Safeguards
  10. Banking: Online and Mobile Banking Precautions and Safeguards
  11. Banking: Conclusion

By Amy Fontinelle

Whether you're new to the United States, a teenager or young adult opening an account for the first time, or you just want a better understanding of one of the main places to stash your money and start building wealth, this tutorial will tell you everything you need to know about how checking and savings accounts work.

To get started with banking, you'll need to decide what bank you want to use and open an account. In this section, we'll tell you how to take these first steps. But first, let's answer the question that surprisingly, a lot people who are unfamiliar with banking still ask: Why use a bank in the first place?


Banking: Why Use A Bank?
Related Articles
  1. Investing

    A Guide to Bank Accounts

    Find out which type of bank account suits your specific needs.
  2. Personal Finance

    Bank Account Tips For Young People

    If you’re just getting started with managing your own bank account, these tips will show you how to do it right.
  3. Financial Advisor

    Where Should I Keep My Down Payment Savings?

    While saving up for a down payment, where should you keep your money. A bank? The stock market? It all depends on your timeline.
  4. Personal Finance

    Your First Checking Account

    This owner's manual will show you what to expect from your bank.
  5. Personal Finance

    Protect Your Savings From Their Greatest Threat - You

    Watch your savings magically grow as you make withdrawals a headache and deposits a breeze.
  6. Personal Finance

    7 More Things Your Banker Doesn't Want You To Know

    Your banker is not your friend, and the more you know about their motives, the better you can protect your money.
Frequently Asked Questions
  1. What's the Best Way to Contact Warren Buffett?

    Learn how to contact Warren Buffett and what kinds of contact is most likely to receive a response from him or from his company, ...
  2. What is the Financial Services Sector?

    A diverse group of companies, beyond banks and credit unions, comprises the financial services sector.
  3. Who are Whole Foods' (WFM) main competitors?

    Whole Foods' main competitors are Sprouts Farmers Markets and Trader Joe's. However, the recent acquisition by Amazon my ...
  4. What caused the Stock Market Crash of 1929 that preceded the Great Depression?

    Find out what led to the stock market crash of 1929, which in turn led to the Great Depression. It sparked a nearly 90% loss ...
Trading Center