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$ 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 - PowerPoint PPT Presentation

Transcript of $ Money $

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$ MONEY $

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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

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CHECKING ACCOUNT

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SAVINGS ACCOUNT A place you put money to save The bank holds if for safe keeping The bank pays you a low interest rate

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DEBIT CARDS Overdraft fees Money comes from you account Can be used in stores and at the ATM Uses a pin number, 4 digits

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DEBIT CARDS Issued by the bank Use at the ATM Use at stores, supermarkets, gas

stations, etc. Beware of Overdraft Fees Like Cash

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CREDIT CARDS Be careful! Anything charged must be paid back Charged interest every month Interest: A percentage of the balance

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CREDIT CARDS Other Logos

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ATM

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ATM Automated Teller Machine Withdraw money from your account Make Deposits Check Account Balance

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CASH Easy to have on hand Not replaceable if lost Not as secure

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CASH

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CHECKS A promise to pay money from you

account Bounced check = no money in the

account Cashing a check at a bank is free

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CHECKS

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CHECKS

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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

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MONEY ORDER OR TRAVELER'S CHECK You can get money orders from the bank This the cheapest way A certified check from the bank

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SAVING MONEY

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STORE CARDS Register the offered card at the store Use the offers on the card to save

money

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SHOP AROUND Go to different stores to find the best

deals Wal-Mart and the Dollar Store tend to be

the cheapest Compare prices

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COUPONS Come in the paper There are lot of coupons in the Sunday

paper Clip coupons to save money

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COUPONS

http://www.youtube.com/watch?v=Canp_fZW72s

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GENERIC/ OFF BRAND

http://www.youtube.com/watch?v=Agb3Wfkd4rQ

http://movies.netflix.com/WiPlayer?movieid=70256347&trkid=3326878