Banking Basics

Which type of account is used for everyday transactions (Now Money) using a debit card or writing a check?

• Savings Account

• Checking Account

• XBox Live

• Apple Pay

Which is NOT a Financial Institution?

• Brick and Mortar Bank

• Internet Bank

• Credit Union

• Raising Cane's Chicken Fingers!

Which type of account is used to store money for an emergency or long term goals (Later Money)?

• Checking

• Savings

• Business

• Credit

You can earn a little interest on your money with a ________ account

• Facebook

• Savings

• Checking

Interest can be earned...

• Daily

• Weekly

• Monthly

• All The Above

TRUE or FALSE? Managing your money is important?

• False

• True

Give one reason why managing your money is important.

Evaluate responses using AI:

OFF

What information is NOT seen on a personal check?

• Name

• Address

• Date

• Social Security Number

Where is the safest place to keep your money?

• The Bank

• Under my bed

• Buried like treasure

What is NOT a method of payment?

• Cash

• A Promise

• Debit Card

• Check