The whole point of negotiating for something is to address your real needs. 1  Before you limit what you ask for, make sure you know what you want. Think broadly and do not limit yourself to financial expenses. For example, one client of mine decided these were her needs: 2  Assistance in selecting and paying for child care.
A temporary account that holds costs until they can be transferred elsewhere. For example, a company might use a clearing account to hold revenue and costs when completing year-end fiscal calculations. When the company has finished placing the revenue and costs in the account it can then transfer the amount to the company's net earnings.
There are, however, a number of differences that stand out. The main purpose of a savings account is to save funds for the future. The purpose of opening a checking account is to deposit check and manage payments. Savings accounts pay a higher rate of interest while checking accounts usually do not pay interest. Checking accounts also offer overdraft facilities, online payment facilities, and automatic bill payment facilities that are usually not provided to savings account holders.