Financial Tools and Technology SELECT FINANCIAL TOOLS AND TECHNOLOGY TO HANDLE YOUR PERSONAL BUSINESS 1©2012 National Endowment for Financial Education.

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Financial Tools and Technology SELECT FINANCIAL TOOLS AND TECHNOLOGY TO HANDLE YOUR PERSONAL BUSINESS 1©2012 National Endowment for Financial Education | Lesson 5-2: Financial Tools and Technology

No Cash This Time How can you pay for these purchases without using cash? babysitting soda from a vending machine a used book from Amazon.com lunch at school new shoes from a retail store movie tickets used car cell phone bill an overdrawn bank account ©2012 National Endowment for Financial Education | Lesson 5-2: Financial Tools and Technology2

Preview Today we will answer these questions: How can I make payments if I don’t have a checking account? How do the online tools and mobile gadgets work for banking and shopping? With so many options, which tools and gadgets should I use? Use what you learn today to select banking and shopping tools that fit your personal style. 3©2012 National Endowment for Financial Education | Lesson 5-2: Financial Tools and Technology

Other Ways to Pay Money Order Cashier Check Certified Check Wire Transfer Need to confirm that a payment was made? ©2012 National Endowment for Financial Education | Lesson 5-2: Financial Tools and Technology4

Find the Right Match ©2012 National Endowment for Financial Education | Lesson 5-2: Financial Tools and Technology5 Online banking Direct deposit Automatic transfers Online bill pay Person-to- person payment Payroll card Payment portal

There’s an App for that MintGasBuddyMvelopesMoney Pass Personal Assistant ©2012 National Endowment for Financial Education | Lesson 5-2: Financial Tools and Technology6

Challenge 5-C Selecting My Services Use the DECIDE steps to pick financial tools and technology that seem most useful as you handle your banking and shopping transactions. Describe the skills and behaviors you need to apply as you use the tools to manage your money effectively. ©2012 National Endowment for Financial Education | Lesson 5-2: Financial Tools and Technology7

Reflection How can financial tools or apps help you better track and save my money? ©2012 National Endowment for Financial Education | Lesson 5-2: Financial Tools and Technology8