Maintaining a positive balance avoids overdraft fees and penalties. It ensures that you can pay bills, make purchases, and earn interest, keeping your financial situation stable and preventing debts from accumulating.
class 6 Mathematics Textbook Chapter 10 question answer
class 6 Mathematics Chapter 10 The Other Side of Zero solutions
A positive bank balance helps avoid overdraft fees, interest charges, and potential penalties from bounced checks. It allows you to make payments, purchases, and save for future needs. Furthermore, many banks offer interest on positive balances, which helps grow savings. A negative balance, however, may result in additional charges, reduce credit scores, and increase financial stress. Maintaining a positive balance provides stability and security, ensuring financial transactions are smoothly processed without complications.
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