A: Now that I have my first job, I need a bank account.
B: What kind of bank account are you going to open?
A: There are different types of bank accounts?
B: You can open a checking account.
A: That means I'll have checks to pay bills, right?
B: Yes, and you'll get a debit card you can use, too.
A: That's different from a credit card, right?
B: Yes, a debit card takes money directly from your bank account.
A: So what is a savings account?
B: That's a low interest earning account meant for you to save money.
A: So that's not for everyday spending?
B: No, that's to save up for your retirement.