Checking accounts can be charged using checks, debit cards, or ATMs and are a good place to store money you want to spend and access.
While not all checking accounts will earn interest, savings accounts almost always do. Savings accounts are a good place for money you intend to hang on to for a while.
A certificate of deposit (CD) is an agreement between you and your bank that you will leave a specific sum of money in that account for a specific amount of time. At the end of the deposit period you will receive your money back with interest. These accounts generally have the highest interest rates, and the more money you deposit, and the longer you put it in for, the higher the interest rate will be.
Thrifthing is a great way to save on things you probably already buy. Below is a list of some of the thrift stores in the La Crosse area.