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THESE ARE THE TWO MAIN TYPES OF BANK ACCOUNTS.
WHAT ARE "CHECKING" AND "SAVINGS"?
A TYPE OF CARD THAT AUTOMATICALLY DEDUCTS MONEY FROM A BANK ACCOUNT WHEN MAKING A PURCHASE.
WHAT IS A DEBIT CARD?
THE FIXED AMOUNT PAID ON DEPOSITS, USUALLY A PERCENTAGE OF THE AMOUNT DEPOSITED OR BORROWED.
WHAT IS INTEREST?
THE AVERAGE LIFESPAN OF A $1 BILL.
WHAT IS SIX YEARS?
THE ACCOUNT TYPE THAT ALLOWS FOR A DEBIT CARD TO MAKE PURCHASES AT A STORE OR WITHDRAW FROM AN ATM.
WHAT IS A CHECKING ACCOUNT?
A TYPE OF CARD THAT ALLOWS THE PURCHASER TO BORROW MONEY TO PAY FOR GOODS AND SERVICES.
WHAT IS A CREDIT CARD?
A BANK ACCOUNT OWNED BY TWO OR MORE PEOPLE WHO ARE EQUALLY RESPONSIBLE FOR THE ACCOUNT.
WHAT IS A JOINT ACCOUNT?
THE AVERAGE LIFESPAN OF A COIN.
WHAT IS 30 YEARS?
1. THE AGE YOU CAN GET A DEBIT CARD
2. THE AGE YOU CAN GET A CREDIT CARD
1. WHAT IS 13?
2. WHAT IS 18?
WHEN COMPARING CASH VS DEBIT CARDS VS CREDIT CARDS, THIS IS THE SAFEST OPTION.
WHAT IS A CREDIT CARD?
INTEREST THAT IS PAID NOT ONLY ON YOUR DEPOSITS, BUT ALSO ON THE INTEREST THAT HAS BEEN PAID ON YOUR ACCOUNT.
WHAT IS COMPOUND INTEREST?
THIS 'FOUNDING FATHER' WAS THE FIRST SECRETARY OF THE TREASURY AND CREATED MOST OF OUR NATION'S FIRST FINANCIAL SYSTEMS.
WHO IS ALEXANDER HAMILTON?
THE AMOUNT OF INTEREST ACCRUED IN A YEAR IF YOU DEPOSIT $1000 IN A SAVINGS ACCOUNT EARNING 3% INTEREST.
WHAT IS $30?
A SELF-SERVICE ELECTRONIC BANKING KIOSK TYPICALLY LOCATED AT BANKS, STORES, AND GAS STATIONS.
WHAT IS AN ATM - AUTOMATED TELLER MACHINE
A NEGATIVE BALANCE IN YOUR BANK ACCOUNT.
WHAT IS AN OVERDRAFT?
THIS IS THE WORLD'S STRONGEST (MOST EXPENSIVE) CURRENCY.
WHAT IS THE KUWAITI DINAR?
FILL OUT A DEPOSIT SLIP.
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WRITE A CHECK.
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THE INDEPENDENT AGENCY CREATED IN 1933 TO MAINTAIN PUBLIC CONFIDENCE AND STABILITY IN BANKS.
WHAT IS THE FDIC - FEDERAL DEPOSIT INSURANCE CORPORATION?
THE TOTAL AMOUNT OF PHYSICAL US CURRENCY IN CIRCULATION TODAY.
WHAT IS $5.8 TRILLION?