Ask Question
BusinessBusiness
15 November, 17:38

Why would a smart person keep at least $100 balance in their checking account at all times

+4
Answers (1)
  1. 15 November, 20:57
    0
    One of the major reasons to keep at least $100 in your checking account is to actually cover for unexpected expenses, and also to avoid bank charges or fees for either an overdraft or a returned unpaid transactions.

    It could also come handy if you get stuck somewhere, or if you need to take a taxi after having dinner with your new date, and your debit/credit card is on $0.00, this could save you the ultimate embarrassment by just transfering money from checking to your savings account.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why would a smart person keep at least $100 balance in their checking account at all times ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Suppose that in each of four successive years producers sell more of their product and at higher prices. This could be explained: a. By small annual increases in supply. b. In terms of a stable supply curve and increasing demand. c.
Answers (1)
On January 3, 2018, Austin Corp. purchased 25% of the voting common stock of Gainsville Co., paying $2,500,000. Austin decided to use the equity method to account for this investment.
Answers (1)
What are some examples of Internet based advertising? What are the advantages of this type of advertising? What are some disadvantages? What are potential ethical issues that might occur when using digital advertising
Answers (1)
The International Trade Union Confederation's main objectives include all of the following except:A) Consolidate and merge international unionsB) Facilitate consultation between international unionsC) Improve communication between international
Answers (1)
Which of the following expands upon the behavioral intentions model by including a perceived control component that assesses the difficulty involved in performing the behavior and the extent to which the consumer perceives that he or she is in
Answers (1)
New Questions in Business
In order for the United States to have a treaty with a foreign country the
Answers (2)
Monson sells 29 units for $50 each on December 15. Monson uses a perpetual inventory system. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.
Answers (1)
EB14. LO 6.5Crafts 4 All has these costs associated with production of 12,000 units of accessory products: direct materials, $19; direct labor, $30; variable manufacturing overhead, $15; total fixed manufacturing overhead, $450,000.
Answers (1)
Which factor of production include any form of human effort exerted in production? entrepreneurship labor capital land
Answers (1)
A perfectly competitive orchard that produces 500 lbs of apples in the short run has an ATC = $10 and AFC = $8. The market price is $4 per lb and is equal to MC. In order to maximize profits (or minimize losses) in the short-run, this farm should:
Answers (1)
Home » Business » Why would a smart person keep at least $100 balance in their checking account at all times
Sign Up Forgot Password?