Having a credit card is very important to build your personal credit. This is crucial for making sure you can rent an apartment, or take out loans in the future. Building credit, however, is not the only reason to have a credit card, you can also get some rewards, as long as you’re smart about…

Savings Interest to encourage saving money. Usually higher interest than checking acct, but lower than CDs. Can deposit & withdraw, but not usually write checks or use Debit card. Basic Checking Allow for basics like checks and debit cards. Not much else, like interest. Limit certain behaviors. Interest-Bearing Checking Provide interest, but cost more than…