What is.....
What is a bank?
A safe place to keep your money.
Jordan gets paid every Friday. He puts his money in his backpack.
He should put it in a bank account
You should give your PIN number to everybody.
False!
What is the difference between a deposit and a withdrawal at a bank?
A deposit puts money into your bank account and a withdrawal takes money out.
What is a need?
Something necessary to live.
Maria wants to buy a new computer.
She should save her money.
Banks protect your money.
True!
His face is on a $1.00 bill
George Washington.
What is a want?
Something you would like to have.
Sam loses his wallet with $100. in it.
He should have put it in the bank right away OR not carry so much money.
Banks help you save for emergencies.
True.
This machine lets you deposit money, take money out and transfer money.
ATM
What is a budget?
A plan on how you will earn spend and save money.
Mason starts a new job. His boss says his paycheck will be directly go to his bank. Good idea or not?
Good idea.
Banks help you become more independent.
True.
What is a deposit?
Putting money into your bank account.