G3-5 Financial Literacy Session 9

A High-Yield Savings Account offers higher interest rates than regular savings accounts.

• True

• False

If you want to earn higher interest but also be able to easily access money for you business, you open a

• Savings Account

• Checking Account

• Money Market Account

• None of the above

Which of the following is true of Certificate of Deposit?

• It's held at a bank for a fixed period of time

• You can't take the money out until it's time ends

• It gives you a higher rate of interest

• All of the above

Savings Bonds are issued by

• Banks

• Companies

• U.S Treasury

• James Bond

You can learn to save money by practicing and making it a habit.

• True

• False