Organizing your bank account Quiz Uncategorized Organizing your bank account Quiz yopellc July 31, 2017 0 comments 1. After splitting up your bank accounts you should___ deposit your check into your expenses checking account then allocate funds to other accounts. transfer funds from your expenses checking to your lifestyle checking when the balance gets low. have your credit card payments automatically withdrawn from your savings account. set up overdraft protection to cover overspending from your lifestyle checking account 2. After you split up your checking accounts, you must ___ keep the debit card for your expenses checking account with you. None of these keep the debit card for both your expenses and lifestyle checking accounts with you. keep the debit card for your lifestyle checking account with you. 3. Transportation is one of the leading causes of falling outside the 50/20/30. If your car payment/maintenance/insurance is too high, which of the following can you do? Squeeze money from another area of your expenses. Sell your car and purchase a used one without payments. Shop around for better insurance providers. Build a better savings to withdrawal from. 4. I will get charged for opening up another checking account. False True 5. By having your checking accounts separate you’re free to grow the money in your savings without worrying about having to dip into it. True False Loading … Question 1 of 5
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