Carlos Hank Rhon: Online Banking and a Personal Checking Account

 

Online banking technology has come a long way over the past few years since it was first introduced and has quickly turned into the main way that many of us conduct our banking from one day to the next, notes Carlos Hank Rhon. Having a personal checking account and an online banking account can be very helpful and assist you better with managing your finances and understanding exactly how much money you have in your checking account at all times.

 

The personal checking account feature has been around for decades and has always been a useful asset for individuals and families alike to have. The savings account has many benefits as well. However, because checking accounts are utilized more frequenetly, the latest technology has provided us with an easier way to mail in payments for our bills as well as pay for our debts electronically over the phone or online by using our routing and checking account number. All banks these days have the personal checking account feature available while some will offer you this option for free, others may charge a small fee in order for you to sign up for a new checking account with their institution.

 

Having an online banking account in conjunction with your personal checking account is an excellent way to take more control of your finances and budget your money down to the last cent. With mobile online banking will have access to your account balance at any time of day when you have registered online for an online banking account and you will be able to log on 24/7 and find out what checks have already cleared, what charges are on hold and how much money you have left over in your account once all of your debts have gone through.

 

Carlos Hank Rhon: The Many Benefits of a Savings Account

Carlos Hank Rhon Banking

There are many great benefits that come along with having a savings account with your local bank according to Carlos Hank Rhon. A savings account will allow you to put back a little extra money occasionally so that you can save it for another purpose. Establishing an account now will prove beneficial later should you ever need commercial lending or a business loan. No matter if you are in need of saving money for a new business idea, medical expenses, a college fund, an upcoming vacation or if you simply want to put back some extra money for a rainy day, it is a good idea to have a savings account set up so that you will have that extra money whenever you need it.

 

Practically all financial institutions will have various types of savings accounts available for you to open and fund. There may be some fees associated with some savings accounts so it is important that you speak with a representative from your local bank if you are interested in opening up a savings account with them and would like to learn all of the facts about the variety of savings accounts available before you make a final decision.

 

A savings account can be linked to your checking account at many banks. This is a very convenient option for many people because they have the opportunity to use the money that is inside of their savings account as back up funding for their checking account if they happen to run out of funds or if a check bounces. This can help to prevent any additional fees being charged which can save you a lot of money in the long run if you have a tendency of letting your checking account balance run low.