What are the pros and cons of each type of bank account?

I am considering opening a first bank account. What are the advantages and disadvantages of opening a money market account over a savings or checking account? I am looking to open an account where I will save most of my income and spend as little as needed, yet have room for growth and high interest returns. Also, I am wondering if PNC, Kearny Federal Savings, Wachovia, Td, and Valley National are good banks, as they are closest to my location.

Asked By: Tazo - 11/10/2009
Best Answer - Chosen by Asker
Well for that you should see i hope that resolve your problem keep using Source(s): Personal Experience
Answered By: Balinda - 11/10/2009
Additional Answers (1)
Two books for you to read are Suze Orman's Women and Money and the Wall Street Journal Guide to Starting Your Financial Life. Because you are saving your money, you'll want to check them out of the library, although after you look at it you might want to ask for the Wall Street Journal book for Christmas... More
Answered By: mama outlaw - 11/10/2009
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