What is a checking account?

A checking account is one of the most important financial tools available to individuals. It allows users to easily manage their finances by providing access to money, paying debts, and saving money. Additionally, it can also be used as a source of credit or to help build credit history. Understanding how a checking account works is essential for financial education and money management. In this article, we will explore what a checking account is and how it can be used to save money and pay debts.