Financial Algebra 3.1 - Checking Accounts
In this lesson we get a basic understanding of how checking accounts work. We define words like checking account, EFT, hold, insufficient funds, overdraft protection, ATM, PIN, maintenance fee, interest, single & joint account, check register, debits and credits. The goal is to give students a basic understanding of what banks offer and the responsibility of maintaining a balanced check book to avoid fees. We also start balancing some transactions on a check register. For more videos like these go to our website www.SiasFirst.com, subscribe to our podcast Business Bros or just follow us on Facebook @SiasFirst. Music by www.bensound.com