Post on 26-Feb-2016
description
$ MONEY $
CHECKING ACCOUNT A place you put money that you spend
quickly Not money intended for saving Monthly statement sent to your house
by the bank
CHECKING ACCOUNT
SAVINGS ACCOUNT A place you put money to save The bank holds if for safe keeping The bank pays you a low interest rate
DEBIT CARDS Overdraft fees Money comes from you account Can be used in stores and at the ATM Uses a pin number, 4 digits
DEBIT CARDS Issued by the bank Use at the ATM Use at stores, supermarkets, gas
stations, etc. Beware of Overdraft Fees Like Cash
CREDIT CARDS Be careful! Anything charged must be paid back Charged interest every month Interest: A percentage of the balance
CREDIT CARDS Other Logos
ATM
ATM Automated Teller Machine Withdraw money from your account Make Deposits Check Account Balance
CASH Easy to have on hand Not replaceable if lost Not as secure
CASH
CASH
CHECKS A promise to pay money from you
account Bounced check = no money in the
account Cashing a check at a bank is free
CHECKS
CHECKS
LOANS A loan is borrowed money Banks can give you a loan You pay the money back is small
amounts You are charged an interest for the
loan Calculate
MONEY ORDER OR TRAVELER'S CHECK You can get money orders from the bank This the cheapest way A certified check from the bank
SAVING MONEY
STORE CARDS Register the offered card at the store Use the offers on the card to save
money
SHOP AROUND Go to different stores to find the best
deals Wal-Mart and the Dollar Store tend to be
the cheapest Compare prices
COUPONS Come in the paper There are lot of coupons in the Sunday
paper Clip coupons to save money
GENERIC/ OFF BRAND
http://www.youtube.com/watch?v=Agb3Wfkd4rQ
http://movies.netflix.com/WiPlayer?movieid=70256347&trkid=3326878
GENERIC VS. NAME BRAND200 COUNT IBUPROFEN
$4.99 $14.99
GENERIC VS. NAME BRANDCHICKEN NOODLE SOUP
$0.79 $1.59
GENERIC VS. NAME BRANDCHICKEN NOODLE SOUP
$4.47 $6.27