Sentences with phrase «reserves in your checking account»

I'm a believer in having adequate reserves in your checking account of at least 6 weeks worth of your normal expenses.

In my case I keep 2 months worth (of our expenses / bills) of cash reserves in my checking account.

Not exact matches

As I've explained more than once in this forum, this expression is merely economists» shorthand, serving to describe the process that begins with banks crediting borrowers» accounts with lent sums, is followed by the borrowers» drawing on their borrowed deposit credits by writing checks or otherwise transferring funds to various payees, and finally, other things equal, by a transfer of reserves from the lending bank to the payees» banks, for the sake of settling inter-bank dues.

The purpose of this regulation is to ensure the financial institution has the appropriate level of reserves and to keep savings accounts from being used in the same manner as checking accounts.

Cash reserves are short term investments with low rates of return that are held in checking accounts, CD's, savings and money market accounts.

2) Calculate how much you have coming in each month This can include one - time «cash reserves» — in other hand, the money I already have in my wallet, checking, and savings accounts.

Also, the size of the M1 aggregate has been held down in recent years by «sweeps» — the practice that banks have adopted of shifting funds out of checking accounts that are subject to reserve requirements into savings accounts that are not subject to reserve requirements.

What is considered to be «cash reserves» includes non-retirement liquid assets, such as: cash in any banking or checking accounts, stocks, mutual funds, money market funds, and more.

For 100 % of the cash value to be counted this reserve money must be in the form of cash, savings, and / or checking accounts.

Essential Duties · To welcome and serve all guests in an efficient, courteous and friendly manner whether face to face, on the phone or via email · To handle all guest compliments, comments, observations and complaints in a timely and effective manner, achieving guest satisfaction · To reserve, register and check out guests completely and accurately, following the procedures and policies set up for this process · To utilize proper selling techniques and strategies to maximize room and outlet revenues · To ensure the proactive building of guest history · To process credit card authorizations for each guest upon arrival and as needed during stay · To accurately post charges to group, guest, member and house accounts when necessary · To forward messages to departments with regards to guest requests and expectations and to follow up on requests with the guest via email, phone, radio and / or trace system · To liaise with bellstaff in order to ensure that gift delivery, luggage service, parking and rooming is taken care of in a courteous and timely manner · To ensure the accuracy of billing for each guest · To accurately account for daily bank issuance · To order room drop items and ensure ancilliary charges are scheduled appropriately · Sell, make, process and mail gift certificates · To run nightly audit and separate guest tickets for accounting · To maintain accurate house account excel spreadsheets · To run reports and perform some accounting duties (may include sales reports and statistics, processing and reconciling daily service charge breakdowns, completing billing instructions, etc).

The term reserves refer to funds a person may have in a variety of sources such as checking accounts, savings accounts, money market funds, stock and bond investments and retirement accounts.

With 3 single family homes, I wouldn't be comfortable with less than 30K in checking accounts for reserves.