Types of Accounts Unit Review: 1) Know at least 3 of the 8 savings strategies: i. Focus on reaching...

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Transcript of Types of Accounts Unit Review: 1) Know at least 3 of the 8 savings strategies: i. Focus on reaching...

Types of Accounts

Unit Review:

1) Know at least 3 of the 8 savings strategies:

i. Focus on reaching your goalii. Use the Pizza Principleiii. Motivate yourselfiv. Pay Yourself Firstv. Compare before you buyvi. Examine your spending habitsvii. Begin today & save oftenviii. Deposit into a savings account

Now Complete the back page You will need to research 5 banks using the

Internet and find the interest rates for savings accounts, CDs and money market accounts (MMDA).

Use the first choice available – some accounts will list several different percentages based on dollar of deposit – just use the first choice given.