Adults are not always financially literate, but there are considerable benefits to understanding the basics of personal checking, home loans (mortgages), auto loans, choosing a bank, and more. Knowing how to handle one’s money and take out good loans with sensible terms can go a long way toward financial freedom and avoiding unexpected debts or other problems. Personal checking accounts, credit cards, compound interest, and other subjects are important for any young adult to learn when opening their first personal checking account or taking out a major loan. Some have argued that schools are not doing enough to teach students financial strategies and basic know-how, and many young adults today are unsure how to handle a personal checking account or get a good loan. The good news is that learning about money does not have to be intimidating, and some basic knowledge can go a Continue reading When You Choose a Bank or Get a Loan →