Joe and Monica are married with four children at home and a mortgage. Joe’s net pay per year is $64,000 and Monica does not have income. Their mortgage payment of $1,800 includes insurance on their home. They have additional monthly expenses of $2,700. Jim contributes 15% of his earnings to a retirement fund and they have $9,500 in savings. There is a $750,000 life insurance policy on Joe and a $150,000 policy on Monica. As their financial advisor, what part of Joe and Monica’s financial plan would you encourage them to work on?

sadsdda

step-by-step explanation:

c

step-by-step explanation:

answer:

some responsibilities that come with having a checking account -

1. we have to maintain check register with exactness to avoid checks being returned for insufficient funds which is called bouncing a check.

2. we need to update our check register each time we make a transaction using a convenience card. updating check register will   save   us from   overdrawing of checking account.

3. read the agreement the bank gave you when you signed up for our checking account. this includes all the fees and the minimum balance we need to keep in our account to avoid maintenance charges.  

explanation:

note : -   checking account is a transactional deposit account. we can use it to deposit and withdraw funds. money in a checking account is very liquid. it   can be withdrawn using electronic debits, automated cash machines, or checks among other methods.