Banking

Understanding the Difference Between Personal and Business Banking

When it comes to managing your finances, it’s important to know the distinction between personal and business banking. While they may seem similar on the surface, these two types of accounts serve very different purposes. Let’s explore the key differences, the benefits of each, and why separating them is essential for financial health.   [caption id="attachment_357" align="aligncenter" width="890"] Understanding the Difference Between Personal and Business Banking[/caption] What Is Personal Banking? Personal banking is all about managing your finances. This includes your checking and savings accounts, personal credit cards, loans, and other services that help you handle everyday financial needs. In...