a) Shopping with Cash, Checking, or Credit

  • View and study the YouTube video: Classroom Economy Financial Literacy

  • Have you looked for any special type of checking account when you opened your account (for those who have a checking account) or ask  a family member who has an account.
  • To determineyour banking needs you must think about:
    • How many checks you need to write monthly.
    • Your average checking account balance.
    • What is convenient for you in terms of bank and ATM locations, hours, etc.
    • What kind of accounts you want (non-interest vs. interest-bearing)
  •  Visit a local banks and use the above list of questions to ask when shopping for a checking account and credit cards and compare two checking account offers. Which bank you would chose to open a checking account.