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Using a bank account to help manage your money

money in a transparent safe with my money written on it

A bank account is a way of keeping money safe. You can put money in and leave it there. Then when you need it you can take the money out to pay for things.

Bank account

You can put money in the bank and leave it there. Then when you need it you can take the money out to pay for things.

man paying his bill at the bank

And you can use a bank account to pay bills like rent, gas and electricity.

Bank account

You can put money in the bank and leave it there. Then when you need it you can take the money out to pay for things.

Bill

A piece of paper that says how much money you need to pay for something.

Rent

You can rent a flat or a house to be your home. This means that you are paying to stay there - you do not own it yourself.

Gas and electricity

Gas and electricity provide power to your home. They make things like the cooker, fridge, heating and hot water work. They also make things like kettles and TVs work.

information icon

There is more information on the Making Money Easier website about bank accounts. It tells you how to manage your money and pay for things you need and want.

Go to the links page

Go to the next section to find out about Getting Help