Embedded Files
Do Now
Do Now
Share what you discussed in your groups yesterday. Open the document and type what you discussed. You can write your name next to it you want but you don't have to. If someone already wrote the same thing as you, you don't have to type it again.
Which cost factors are most important to you, personally?
What non-cost features are you looking for in a checking account?
A friend says, “Eh, I’ll just open an account at my parents’ bank, and I’ll switch later if I don’t like it.” Does this sound like a good strategy to you? Why or why not?
Agenda
Agenda
Do now (10 min)
Do now (10 min)
Five Questions to Ask When Choosing a Bank (20- 25 minutes)
Five Questions to Ask When Choosing a Bank (20- 25 minutes)
Homework (5 minutes)
Homework (5 minutes)
Five Questions to Ask When Choosing a Bank
Five Questions to Ask When Choosing a Bank
Watch this video specifically about opening a checking account as a student. Then, answer the questions.
According to this video, what should a good checking account offer for FREE?
atm usage
checks
no minimum balance
monthly maintenance
online banking
bill pay
Why would it be important to have a low minimum balance requirement on a student checking account?
you may not have a job.
you may have a low paying job
you have school supplies to pay for/or school
The video recommends asking what happens to your account when you graduate from college. Why should you ask this question?
You want to know what kind of account and features you will have access to when you are no longer a student
You may have different needs when you are not a student
Homework
Homework
Due Tuesday. Have a great long weekend!
Due Tuesday. Have a great long weekend!
We are almost done with Unit 1. We will review next Wednesday and have a Unit 1 test Thursday.
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