WorksheetsSavings
Total questions: 12
Worksheet time: 7mins
A ______ account is a great place to store your money so you can continue to grow it and not spend it.
Checking
Savings
401K
503C
You want to make as many _______ as possible with few withdrawls.
deposits
withdrawals
cash
drops
The bank pays you money for keeping your money in savings accounts.
True
False
What is the extra money that the bank pays you to keep your money in an account called?
Savings
Checking
Interest
What is the first step in getting a savings account?
Saving your money
Ask a friend
Picking a bank
Ask your teacher
If you are under 18 years old what do you need in order to get a bank account?
Bank forms
Parent approval
Bank approval
Teacher approval
Is there such thing as a minor account if you are under 16?
True
False
What do you fill out at the bank when you make a deposit?
Slip
Checking Account
Savings Account
Deposit Slip
How many items do you have to fill out on the deposit slip in order to make a deposit at the bank?
3
4
5
6
A withdrawl slip needs to be filled out if you are depositing money into your account.
True
False
You will not receive a bank statement in the mail every month.
True
False
Most banks allow you to view your accounts online and do many other things as well.
True
False
