The best question for Joe to ask himself when he's deciding on opening either a checking or a savings account is if he's going to make enough money for a checking account and if he's going to need his money from his account all the time.
A savings account is good for storing and saving money, whilst a checking account is good for all the checks that you'll need to write.
Savings accounts typically aren't good if you plan on withdrawing money regularly from it.
