Types of Accounts Unit Review: 1) Know at least 3 of the 8 savings strategies: i. Focus on reaching your goal ii. Use the Pizza Principle.

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Presentation transcript:

Types of Accounts

Unit Review: 1) Know at least 3 of the 8 savings strategies: i. Focus on reaching your goal ii. Use the Pizza Principle iii. Motivate yourself iv. Pay Yourself First v. Compare before you buy vi. Examine your spending habits vii. Begin today & save often viii. Deposit into a savings account

 You will need to research 5 banks using the Internet and find the interest rates for savings accounts, CDs and money market accounts (MMDA).  Use the first choice available – some accounts will list several different percentages based on dollar of deposit – just use the first choice given.