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Garnishment .
The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.
Money in a checking account is called demand deposit.
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
to deposit moneyA Deposit is the act of putting money into an account.
It is your salary or your wages.
Garnishment .
The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.
If you are the joint-owner of the account you have already have access to the money so there is no reason to levy it. If you are not the joint-owner then you can't levy the money in the account, only the money paid to him via his paycheck. The levy would cause his employer to divert some of the funds that it pays to him, before he receives it.
When when you put money in your account it is called "making a deposit."
money in a bank account, when u put money into an account it is called a deposit.
Money in a checking account is called demand deposit.
Headings on a paycheck stub help explain what money was earned by an employee and what money was withheld from a paycheck!!
it is called a savings account.
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
it is called credit(when its coming in your account ) and debit(when its going out of your account ).