What you learn in Everfi

By: Jacob Smith

Renting v.s Owning

You go to buy a house and you can't decide if you should buy it or just rent. It all depends on your situation.

  • If you plan on moving after a while then rent
  • if you are for sure staying buy it.
You have way less restrictions if you buy the house because you don't have to

  • Abide by a rental agreement
  • Very strict

Insurances and taxes

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Saving Account

  • the money one has saved, especially through a bank or official scheme.
  • Put a percentage of your earnings in your checking account.

Checking account

  • an account at a bank against which checks can be drawn by the account depositor.
  • Can access it thru ATM, Checks and debit card.

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