On My Own
Heading out into the real world is exciting, but it comes with a lot of responsibility. Here are a few things to prepare for.
Why Checking and Savings Accounts Are Important
Getting out on your own usually means you are in dire need to save for a car, college or possibly even a house. The initial cost of starting off on your own can be expensive, with so many necessary major purchases. That is why Univest offers checking and savings accounts to help you achieve the goals you have set for yourself.
Building a good credit history by using a credit card is beneficial for your future, but it is also easy to fall into debt by overspending on credit. By using a checking account, you can learn to save and balance your money, never spending more than you intend. Some checking accounts also offer interest rates on the money you keep in the account. Compare checking accounts to see which one best suits your needs.
Keeping a savings account is important for when unexpected expenses arise. Plus, you can usually earn even more interest with a savings account. Some savings accounts reward you for the balances you maintain, meaning the more you save, the higher your interest rate. Check out all of Univest’s savings options to choose an account that is right for you.