Financial Institution a business that provides money-related services

JA BizTown!™ Bank Account Application

Checking Account an account that allows the owner to write checks against deposited money

Debit Card cards that allow customers to electronically and immediately withdraw funds from their accounts

Savings Account an account used to hold money that is not needed right away

Loan an amount of money borrowed by someone that must be repaid, usually with interest

Interest a fee received for the use of money

Credit Card A card that allows the holder to buy goods and services, taking out a bank loan for the purchases.

checks written orders to a bank to pay a certain amount of money from a checking account to another person or business

deposit tickets written records of money put into a checking account

check register a booklet for recording the money that is put in(deposited) or removed(withdrawn) from the checking account

net deposit the amount of money deposited into an account minus any cash received

endorse to write a signature on the back of a check

Compound Interest Transparency 2-7 The Rule of 72 How much will your money grow with compound interest? Use the Rule of 72. Divide the number 72 by an interest rate to determine how many years it will take to double your money. Example: The JA BizTown bank pays 5% interest on your savings account. 72 ÷ 5 = 14.4 years for your money to double Based on the Rule of 72. 1. If the bank offered 2% interest, your money will double in 36years. 72 ÷ 2 = 36 2. If the bank offered 4% interest, your money will double in 18years. 72 ÷ 4 = 18 3. If the bank offered 12% interest, your money will double in 6 years. 72 ÷ 12 = 6 Save early and seek the highest interest rate you can! Citizen Alert! Albert Einstein is credited with discovering the mathematical rule of 72! The interest a person earns on today’s money that will compound (add) to the amount of money (savings) that will earn interest later.

Interests things a person likes to do

Career Types People These jobs involve working with people most of the time. People who enjoy counseling, teaching, helping those in need, and/or managing others would enjoy jobs in the People Career Type.

Career Types Ideas These jobs involve coming up with new ideas and/or thinking about solutions to complex problems. People who enjoy doing science experiments, inventing new things, or coming up with new ways to sell a good or service would enjoy jobs in the Ideas Career Type.

Career Types Data These jobs involve working with numbers and information. People who enjoy solving math problems, as well as working with and gathering information, would like jobs in this Career Type

Career Types Things These jobs involve working with things, such as machines and tools. People who enjoy making or building things, fixing things that are broken, and/or working outdoors would like jobs of this Career Type.

Skills developed abilities a person does well

Employer a person or business that hires one or more people, usually for a salary

Employee A person who works for an employer.

Soft Skills Skills that represent the way employees act on the job, such as being punctual, treating customers with kindness, working as a team, and dressing appropriately.

Teamwork   The cooperative efforts by members of a group to achieve the same overall goal.

Negotiation The process of two or more people, who may disagree at first, working together to solve a problem.

Conflict Resolution the process of resolving a dispute or disagreement.

Innovative Solutions Creative ideas for solving problems that are put to use.

Entrepreneur An innovator; one who recognizes opportunities and organizes resources to take advantage of them.

Job Application a form that is completed by people applying for a job.

Résumé A summary of a person’s work and school experiences to help employers hire the best person for a job. FirstName LastName Your Address, Encinitas, CA 92024 home: 760.555.5555 cell: 760.486.2222 email: youremail@wherever Education Ocean Knoll Elementary, Encinitas, California 2002 - 2006 Experience Pet Sitter 2004 - Present • Provide pet sitting services including dog walking, feeding and yard care. Child Care 2002 - Present • Provide child care for several families after school, weekends and during school vacations. Achievements • National Honor Society: 2004, 2005, 2006 • Academic Honor Roll: 2002 - 2006 Volunteer Experience • Big Brother / Big Sisters • Arlington Literacy Program • Run for Life Interests / Activities • Member of Arlington High School Tennis Team • Girl Scout • Piano Computer Skills • Proficient with Microsoft Word, Excel, and PowerPoint, and Internet

Ethics The standards that help determine what is good, right and proper.

Job Interview A discussion (usually face-to-face) to determine whether an applicant is suitable for a job.

Applicant   A person who requests or seeks something such as a job

Citations Slide 1 vffcu.org Slide 2: JA BizTown™ Transparentcy Slide 3: iamtonyhsieh.com Slide 4: bryanking.net Slide 5 creditandcash.org Slide 6 perlmortgage.com Slide 7 thetruthaboutcars.com Slide 8 candyaddict.com Slide 9 usachecks.com Slide 10prosynergy.org Slide 11 prosynergy.org Slide 12: wikihow.com Slide 13 Slide 14 JA BizTown™ Transparentcy 2-7 Slide 15 michellehenry.fr Slide 16-19 JA BizTown™ Transparentcy 3-1; writteninc.com; c ci-inspection.com; cumminsallison.com; channel.nationalgeographic.com Slide 20 hubpages.com Slide 21: spsu.edu; masternewmedia.org Slide 22: 8asians.com; gmj.gallup.com Slide 23: marcmine.com Slide 24 : toastmasters.org Slide 25 globalhighered.wordpress.com: Slide 26 agiacalonephd-engineer-consult.co; premierebusinessconsultants.com Slide27: comverging.com Slide 28laroccoforsenate.com: Slide 29; JA BizTown™ Transparentcy Slide 30: bmcgrath.wordpress.eusd.net/category/ja-biztown/ Slide 32: pitt.edu Slide 33 thecampussocialite.com Slide 34: 123rf.com