Banking
This type of bank operates fully online without physical branches.
Neobank
Money you receive regularly, such as salary or allowance.
Income
This branch studies individuals and small businesses.
Microeconomics
This is the main idea or position in an argument.
Claim
Food, water, and shelter are examples of these.
Needs
This is one key advantage of traditional banks over neobanks.
In-person customer service
Expenses that stay the same every month, like rent.
Fixed expenses
This branch studies the economy as a whole.
Macroeconomics
This supports your argument with facts or examples.
Evidence or examples
Buying a new phone when your old one still works is this.
Wants
This is a major benefit of neobanks that attracts younger users.
Lower fees or better digital experience
This type of expense can change from month to month, like entertainment.
Variable expenses
Inflation is studied in this type of economics.
Macroeconomics
Responding to the opposing team's argument is called this.
Rebuttal
This happens when people confuse wants with needs.
Overspending or poor financial decisions
This type of bank usually offers a wider range of services like loans, mortgages, and investments.
A traditional bank
This budgeting rule suggests dividing income into needs, wants, and savings.
The 50/30/20 rule
Supply and demand of a product is part of this.
Microeconomics
This describes what a company does right now.
Mission
This skill helps you decide between needs and wants.
Prioritization
This is one potential risk of using only a neobank.
Limited services or lack of physical support
This is the difference between gross and net income.
The money received after taxes and deductions.
This economic issue affects the overall employment level of a country.
Unemployment
This describes what a company wants to achieve in the future.
Vision