Why do you need to choose a bank once you start earning money?
- To have someone who will take care of your dog
- To help you save and spend your money
- To help you choose a favorite color
- To help you get a job to earn money
What does FDIC stand for?
- Fancy Dance Invention Corporation
- Fine Dorms In Colorado
- Federal Deposit Insurance Corporation
- Federal Dollar Insurance Corporation
Up to how much money will the FDIC insure (until 2010) in your bank account?
- $200,000
- $150,000
- $275,000
- $250,000
What is a savings account?
- It is place where you store valuables, like a birth certificate or a will.
- It is an account where you can write checks.
- It is an account where you can deposit money to save it.
- It is what you call a coin collection.
If you are expecting bills, what should you get?
- A checking account
- A savings account
- A credit card
- A safe deposit box
What will a checking account allow you to do?
- It will allow you to get a credit card.
- It will allow you to write checks to pay your bills.
- It will allow you to get a smart card.
- It will allow you to check on new additions to your local pet store.
What works almost anywhere in the United States and at any ATM?
- Smart cards
-
A key
- Plastic, Play, Fake Cards
- Debit cards
What does the bank give you for keeping your money there?
- Interesting
- Interest
- Debt
- A hard time
Your parents will need to come with you to choose a bank if you are under a certain age. What is that age?
- 16
- 17
- 18
- 20
Where should your bank be?
- Within 25 miles
- Within 10 miles
- Within 5 miles
- Within walking distance