a withdraw and a deposit
Withdraw takes money out, deposit puts money in
Brian is saving up for a down payment on a pre-owned car, the cost will roughly be $10,000. Which kind of account would be best for him to open?
What is a savings account?
Where we are learning right now
What is Mid Plains Community College (MPCC) or North Platte Community College (NPCC)?
Nathan got his paycheck and instead of carrying it around he decides to open an account just for everyday spending. Which account should he open?
What is a checking account?
A payment of a bill made directly from your bank account.
What is Automatic Payment?
Something that isn't needed to live or maintain your household
What is a want?
Want vs Need
A Need is something you need to maintain your household or for life (groceries for example) and Want is something that isn't necessary for these things (going out to eat for example)
Shay is at Kohls. She is offered a 20% discount if she signs up for a ____ card from Kohls.
What is a credit card?
an ATM and a bank teller
computer banking vs real person
Alicia does not have a car and needs easy access to her account. What kind of bank would be most beneficial to her if she has no way of getting around?
What is an online bank?
The amount of money you have in your bank
What is your balance
Dexter wants to send money to his friend to pay for tacos. What type of app does he need to download on his phone to pay his friend?
What is a P2P app?