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3. Setting up your own banking account


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Setting up your own banking account. “Where should I bank?”

As you have discovered in the other tasks, there are many things you to pay for when you head out on your own. Rent, groceries, utilities are just a few examples. The questions answered in this task are the ‘mechanics’ of how you pay for these things.

The following subtasks may assist you in setting up your own banking account. You will find detailed resources for these subtasks under the links in the right column of this page.

Subtask 1: Select a credit union or bank

Subtask 2: Establish and use a checking account

Subtask 3: Be responsible with your checking account


Heading Off To College Tasks

1. Managing your own money
2. Finding a place to live
3. Setting up your own banking account
4. Getting your first job
5. Using credit wisely while in school

Setting up your own banking account Subtasks

1. Select a credit union or bank
2. Establish and use a checking account
3. Be responsible with your checking account

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