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Open a checking account and a savings account.

Opening a checking account and a savings account will help college student to track their finances and their budget.

What is a Budget?

  • A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis.
  • Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money.
  • A budget is basically a financial plan for a defined period, normally a year that is known to greatly enhance the success of any financial undertaking.
  • Therefore, opening a checking account and a savings account will help a college student to track their finances and their budget.

To learn more about budget, refer:

https://brainly.com/question/8647699

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