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Explain disadvantages of having a checking account

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Reference no: EM132785083

Question: Many consumers use checking accounts and credit, often in the form of credit cards.

• What are some of the advantages and disadvantages of having a checking account?

• What are some of the advantages and disadvantages of having a credit card?

• What are some strategies you could use to manage credit cards to avoid paying high-interest rates and fees?

• How can planning to manage your accounts lead you to be more productive and better equipped to reflect on your financial priorities?

Reference no: EM132785083

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