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Managing personal finances can sometimes feel overwhelming, especially when banking terminology gets confusing. One common source of confusion for many is understanding the difference between a bank statement balance and a bank account balance. While these terms may seem interchangeable, they represent different aspects of your account’s financial status. Let’s break them down to help Read more
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If you’ve ever reviewed your bank or credit card statement, you’ve likely noticed two types of transactions: pending transactions and completed transactions. While both involve your money, they function differently and have distinct implications for your account balance and spending. Here’s a breakdown of what each term means and why it matters. What Is a Read more
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