Basics of Savings
What is a balance?
The balance is the total amount of funds you have available in your account at a given time. In a savings account, your balance may include a total plus interest. In a checking account, you’ll see that it’s important to update your balance as you spend, withdraw or deposit. It’s important to keep a running tally of a balance in your account, and also important to check your balance with your bank – to make sure you’re correct!
