budgeting
helps you learn how to ___ and ___ money
what is use and manage
what is financial institution?
what is an organization that channels savings to an investor
many commercial banks have ___ services
what is online
saved money _____
what is grows
how old do you need to be to be able to open a bank account?
what is 18
what can you do in order to provide for your family?
what is make a budget
what's the name of the payment you get in return from financial institutions?
what is interest
commercial banking helps their customers manage ______ transaction needs
what is day-to-day
the more frequently an account is compounded, the more ________ you learn
what is interest
REQUIREMENTS: you need a proof of address, ______, ______, and _______
what is photo ID, money to deposit, and social security card.
for one month, ___ everything you buy
what is list?
a percentage a bank will pay to depositors or charge to borrowers
what is interest rate
what makes commercial banks safe?
what is (FDIC) federal deposit insurance corporation
people choose a _____ account for _____ reasons
what is particular and various
a passbook account allows a ___ minimum balance.
what is low
list the ___ you pay every month
what is bills
interest rates are determined by ?
what is central bank of each country
credit unions goal is to share its profits with ______
what is members/customers
its good to know up front what ____ you ____ and ____ be charged for
what is services, will, and won't
a checking account is a ________
what is demand deposit account (DDA)
budgeting might help you with ___ events
what is future
acts as our central bank in setting the discount rate.
what is federal reserve system (FED)
credit unions are ?
what is not-for-profit banks
the longer you leave your money in an account, the better ____ works
what is compounding
_____ decide whether to lend you money and how much interest to charge
what is creditors