Explain what a checking account is used for Describe the consequences of not be

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Explain what a checking account is used forDescribe the consequences of not being in the banking systemIdentify common checking account fees and how to avoid themExplain how overdraft protection works and explain the impact of overdraft feesExplain the difference between a checking and savings accountIdentify important criteria to consider when selecting a savings account.What are the five most important things you learned in this unit? Explain why.What can you do with what you learned and now know right now? What might your first step be in applying this knowledge?What might you do with this learning five years from now? What if you don’t do anything with what you’ve learned?please answer all of these questions in the file attached