CONVINCING MY FRIEND TO OPEN A BANK ACCOUNT Presented To –Golam Kader Zilany Presented By- Habiba Karim Rinky ENG 091 Sec-5.

Slides:



Advertisements
Similar presentations
Houghton Mifflin Employees Federal Credit Union. Mission Statement Houghton Mifflin Employees Federal Credit Union is a member-owned and controlled financial.
Advertisements

KaChing!, Lesson 3: Cash the Check and Track the Dough
Money Management Strategy: Financial Statements and Budgeting
Learning Objective # 1 Recognize relationships among financial documents and money management activities.
Money Management Strategies
Building Bucks Basic Financial Services. Financial Institutions 3 Main Types – Banks – Credit Unions – Savings and Loan Associations (S&L) Advantages.
Section 5.1: Selecting Financial Services and Institutions
BUDGETING WITH TECHNOLOGY Presented by: Joe Lykowski Midland Computer Club 4/23/2014.
Tips for getting started with S AVINGS A CCOUNTS.
Intro to Banking Unit 2. Lesson 1..
Banking Your Money: Keeping it Safe and Secure. Who’s Who in Financial Services When it comes to taking care of your basic financial needs, the first.
TEST PREP 1. A. The amount you can afford to pay B. The minimum payment stated on your bill C. The minimum amount due on your debit card D. 20 percent.
Bank On It Personal Finance Unit. Why Learn About Banking?
Household/Family Financial Management. Steps to Managing Money The indispensable first step to getting the things you want out of life is this: decide.
By: Enrique Montero.  Space Coast has been serving members since 1951, it is the third largest credit union in Florida and serves over 360,000 members.
Unit 5 BANKING –Banking Basics
Do Now: Banking Basics By the end of this block you should have an understanding of personal banking services and how they can benefit you.
Money Management Strategy: Financial Statements and Budgeting
Savings Account 6th Period - Shumate.
Financial Head Start. Why care? It’s Your MONEY 2.
Banking in the United States. Banking Safety FDIC is the Federal Deposit Insurance Corporation On May 20, 2009, President Obama signed the Helping Families.
Economics Paycheck.
Electronic Payment Systems
Chapter 2 Money Management Skills Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
Money Management Skills
Cash Given Definition… Ready money, such as money in hand, petty cash (used in businesses), bank account balance, and money market accounts. In my own.
Bank On It 1. 2 Purpose Bank On It : Is an overview of banking services. Will help you build a positive relationship with banks, thrifts, and credit unions.
Banking Services. Why do you need a bank account?  Money in a bank account is safer than holding cash and may be less tempting to spend  It can be easier.
© 2013 Pearson Education, Inc. All rights reserved.5-1 Chapter 5 Cash or Liquid Asset Management.
Do Now 1)What is a checking account? 2) What is the difference between a checking account and a saving account?
Banking for Safety Discussion Why was it difficult for many workers in New Orleans to get their paychecks after Hurricane Katrina hit the city? How did.
Money Management Skills
Unit 5 Your Money: Keeping it Safe and Secure Info from: NEFE High School Financial Planning Program.
DO NOW:  Take packet:  Review the bank statement on page 3 of the packet.  In your notebook: What items does a bank statement include?
Building Bucks Basic Financial Services. Financial Institutions 3 Main Types – Banks – Credit Unions – Savings and Loan Associations (S&L) Advantages.
Money Management Key Terms. Money Management Paycheck Key Terms.
Objective : Solving systems of linear equations by graphing System of linear equation two or more linear equations How do I solve linear systems of equations?
Comerica Bank Bank of America DFCU Financial
 A place you put money that you spend quickly  Not money intended for saving  Monthly statement sent to your house by the bank.
September 7 & 8, Objectives  Compare financial institutions and services available.  Determine how to develop a relationship with a financial.
Free Cash Back Shopping Member Program.  More selection  Lower prices  Privacy  Convenience  Save gas!
Lesson 8, Unit 3 On Banking This presentation will teach you about banks and credit unions—how they work and why they are a good place to keep your money.
Developing a Spending Plan (Location) (Date). Develoing a Spending Plan What we’ll talk about today Setting Goals Identifying Income Identifying Expenses.
Organizing Your Financial Records
A checking account is also called a “demand” deposit account because funds can be withdrawn, or “demanded” at any time by cashing a check. Check Writing.
Free Cash Back Shopping Member Program.  More selection  Lower prices  Privacy  Convenience  Save gas!
Checking Savings BANKING. Checking Account 90% of transactions involving money are made through some form of debit.
Establishing Healthy Financial Habits Personal Finance.
© 2003 SOUTH-WESTERN PUBLISHINGCHAPTER 23Slide 1 CHAPTER 23 BANKING AND CREDIT 23.1Financial Institutions 23.2Checking Accounts 23.3Credit and Its Use.
Savings Chapter 13. Financial Goals Short Range: can be reached in less than a year. Ex- may want to buy a new swimsuit, or concert tickets. Mid Range:
Credit and Credit Cards Costs and Benefits of Having a Credit Card ©2012, TESCCC.
Free Cash Back Shopping Member Program.  More selection  Lower prices  Privacy  Convenience  Save gas!
Free Cash Back Shopping Member Program.  More selection  Lower prices  Privacy  Convenience  Save gas!
Where Should I Put My Money? Choosing a Financial Institution.
What are check OVERDRAFTS and how can this impact my account and other accounts? 1. Why should I maintain a check register? 3. How do I reconcile.
Checking account - an account held at a bank, credit union or other financial institution in which account owners deposit funds. Account owners have the.
Convincing my parents studying in abroad gives a better future… Name: Arefin Nabi ID: Presented to: Golam Kader Zilany.
Savings Options, Features and Plans Section 2 Notes Chapter 10 Unit 4: Saving.
Chapter 5 The Banking System. Choosing a Bank Research local bank websites. Select a bank with the most ATMs in your proximity. Look for banks that can.
Chapter 14 Managing Your Money Chapter 14 Managing Your Money Lesson 14.1 The Money You Earn Lesson 14.1 The Money You Earn.
Banking Services. Why do you need a bank account?  Money in a bank account is safer than holding cash and may be less tempting to spend  It can be easier.
APPLY HOME LOAN ONLINE What is MyFundBucket? MyFundBucket matches people looking for loans with money lending institutes providing.
Presented By- Sadiqa Sattar ID Sec- 05 ENG091 Presented To- Golam Kader Zilany Creating An Event To Attract Concerned Authorities To Start Women.
Chapter 2 Money Management Skills McGraw-Hill/Irwin
Open, Manage, and Balance
Director of International Development
Banks and Finance.
Cash or Liquid Asset Management
LESSON TWO: PERSONAL SPENDING
Costs and Benefits of Saving in a Financial Institution
Presentation transcript:

CONVINCING MY FRIEND TO OPEN A BANK ACCOUNT Presented To –Golam Kader Zilany Presented By- Habiba Karim Rinky ENG 091 Sec-5

What is a bank account? A bank account is a financial account maintained by a financial institution.

Necessity of having a bank account: Keep your cash safe Statements Shop online Receive benefits Safe from thieves

Why student should have a bank account?

Make a student responsible: Make you frugal Changes mentality to save money Help get you in a habit of regular saving

Large amount of saving: Scholarship for talented students Deduct less money for students Give a large amount of interest for students

Some other benefits: Mobile banking Safty and easier access

Some people think that: Bank corruption Bank policy problem Deduct a lot of money

Rebuttal: Free of cost to open a bank account for students Good amount of interest for students Give scholarship to meritorious students Advanced security system