Retirement 101 eBook - 3D

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. His writing has been featured or quoted in the Toronto Star, The Globe and Mail, MSN Money, Financial Post, Winnipeg Free Press, CPA Canada, Credit Canada, Wealthsimple, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

1 thought on “What is a Chequing Account? A Guide To Personal Bank Accounts in Canada”

  1. Hi, as a newcomer to Canada, I was thoroughly confused about the types of bank accounts. Basically in my home country, India, a savings account is the ordinary account that everyone uses for daily transactions. I understand that in Canada it is the checking account! There are many small differences and it is important for newcomers to understand Canadian banking and investment strategies which new immigrants should understand to become financially successful. I have been reading your posts and each one is a treasure of information. I am sure it will be useful to my readers at my blog, https://www.chalotoronto.com/. Thank you for providing such clarity about banking and financial management.

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