EPF: Module 17 Presentation, Banking/Taxes

Open Ended

What is the average fee when you overdraft your checking account?

Multiple Choice

Use your debit card at a restaurant drive thru?

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• Decrease

• Stay the same

• N/A

Multiple Choice

Employer direct deposits your paycheck.

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• Decrease

• Stay the same

• N/A

Multiple Choice

Write a check to pay monthly rent

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• Stay the same

• N/A

Multiple Choice

Repay friend using cash from Venmo balance

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• Stay the same

• N/A

Multiple Choice

Auto bill pay from bank account for your Netflix streaming service

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• Stay the same

• N/A

Multiple Choice

Auto bill pay your cell phone bill using your credit card

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• Stay the same

• N/A

Multiple Choice

Pay your credit card bill in full

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• Stay the same

• N/A

Multiple Choice

Transfer $35 from your savings account to your checking account

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• Stay the same

• N/A

Multiple Choice

Return a shirt that doesn't fit that you originally bought with your debit card

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• Stay the same

• N/A

Multiple Choice

Mobile deposit a birthday check from your grandma

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• Decrease

• Stay the same

• N/A

Multiple Choice

Stop at an ATM to get $20 in cash

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• Stay the same

• N/A

Multiple Choice

Transfer $60 from your checking to your savings

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• Stay the same

• N/A

Multiple Choice

Fill your gas tank using a prepaid card

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• N/A

• Stay the same

Multiple Choice

Back to school shop for clothes online, entering your debit card number at checkout

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• Stay the same

• N/A

Open Ended

After taking 5 minutes to read through your article, list at least one golden line that represents the main idea of the section

Open Ended

Bank or credit union, what do you think?

Open Ended

List at least 3 reasons to open a checking account from the article

Open Ended

After watching the video, briefly explain the difference between checking and savings accounts

Open Ended

After watching the video, briefly explain the concept of compound interest

Open Ended

Which of the previously mentioned, in your opinion, is the most important to keep in mind concerning a savings account?