money2

Welcome to Learning about Money and Budgeting This mini-class will teach you some basics about money. We will look at banking, writing checks, using a credit card, saving, and spending. WHAT IS MONEY? CLICK TO FIND OUT! Money is for spending. Money comes in different amounts. There are coins, and for bigger amounts, paper money.  […]

Keep Your Money Safe! Unfortunately, the world is full of people who will try to steal other people’s money. They can be tricky. Here are some rules to remember. Click on each to learn more. 1. KEEP YOU PERSONAL INFORMATION SAFE! Do not give your money information over the phone or Internet to people you

Your income is all the money you earn from working or from other checks you get, such as from Social Security. Working is usually the most important way to earn money. When you have a job, your employer gives you a pay check and sometimes other “benefits” for the work that you do. Your check

Bank StatementsEvery month your bank will send you a statement (or provide you one on the Web if you have an online account). This lists all the things that happened with your account for the last month. Each deposit, withdrawal, or fee is called a transaction. The bank totals all the transactions, and then lists

https://fyitransition-students.org/studentcourses/finance2/ATM1.mp4 An ATM (Automatic Teller Machine) allows a bank customer to do their banking from the machine instead of going to the bank. These machines are often located in many different spots, like stores, malls, and outside banks on their sidewalk.  They are open 24 hours, which means you can get money or deposit money

Setting Goals Money helps us reach our goals. In fact, making money is the biggest reason why many people go to work. Think about everything you want to do or to have in your life. Then ask yourself how much of it could be done without money. Most of us are not rich and have

Reaching Goals The best way to get many of those things you want from life is to save money for them. Savings means to put your money away and not touch it until you are ready to use it. Many people save their money in a bank. Emergencies You can save for different reasons. One is

Buy now… Pay later. Having credit means that a bank thinks you are a good person to loan money to. Banks decide on loans based on how risky the loan will be.  They want to be sure you will pay back the money, plus a fee for loaning you the money. This charge is called

Here are some important words to know about money: Income is all the money you get from a job, family, or benefit checks you get. Expenses are what you spend. It is the money that comes out of your income to pay your bills. Savings are what you still have after you pay your expenses. You usually put

What are Banks? We talked about saving money. People used to keep extra money they had in a place hidden away in their home. But this is not really safe. Most people use a bank. You can take your paycheck there and cash it. You can save your money at a bank so it will grow,