Dave Ramsey Financial services

Front

Some of the services banks offer include . . .

Back

Mortgages, check writing, and debit cards

Front

The Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) keep your money in the bank insured up to ________ per account.

Back

$250,000

Front

With online banks, all of your deposits, transfers, and bill payments happen digitally, but . . .

Back

It's often more difficult to get in touch with a real person when you need assistance

Front

With certificates of deposit (CDs), you have to pay a penalty for ___________.

Back

Withdrawing your money early

Front

Liquidity is . . .

Back

How quickly and easily you can access your money

Front

When deciding on the right bank for you, you should first identify what type of bank you want, the features that matter most to you, and _____________.

Back

What kind of accounts you want

Front

Explain the benefits of keeping your money in a bank or credit union, as opposed to an envelope under your bed.

Back

Safety and security

Front

Banks make money primarily through which of the following methods?
Options:
Charging interest on loans,
Selling insurance policies,
Providing free checking accounts,
Offering financial advice

Back

Charging interest on loans

Front

Balancing your account involves which of the following processes?

Back

Reviewing your bank statement and comparing it with your records

Front

Why might you be at a disadvantage if you choose not to keep your money in a bank?

Back

Lack of security for your money