Write a 2-3 page paper comparing and analyzing four different checking accounts and two different savings accounts.
Checking accounts – one to be from a credit union, one from a bank with a physical location near you, one online bank, and you can select anything for the fourth account.
Savings account – one from a financial institution with a physical location near you and one online savings account.
In your analysis be sure to include (at least):
- the financial institution
- the names of the account
- any fees associated with the account
- if there are fees how to avoid them
- benefits of the account
- Would this account work for you
- Why or why not
- Additional information about the account or your experience finding the information.
In addition, include a summarizing paragraph as to which account(s) would you prefer for yourself and which account would be the best for a friend. Finally, share why learning how to find this information is important and how this information can help make you a better financial coach.
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