Saturday, February 28, 2015
LearningChocolate: Money: Compare Checking Accounts
SJC Bank’s monthly checking fee is $7.
There is no interest.
The minimum balance to open is $25.
USA Bank’s monthly checking fee is $12.
There is 1% interest.
The minimum balance to open is $100.
Friday, February 27, 2015
LearningChocolate: Money: Opening a Bank Account
Bank Manager: Can I help you?
Customer: Hi, I want to open an account.
What kind of accounts do you have?
Bank Manager: We have checking and savings accounts.
Customer: What are the account fees?
Bank Manager: Each account has a monthly fee.
Customer: Do you have a basic account?
Bank Manager: Yes, the fee is $10.
Thursday, February 26, 2015
LearningChocolate: Money: Monthly Budget 2
Mary earns $1600 per month.
John earns $2400 per month.
What is their monthly income?
They pay $1500 rent.
They pay $265 for food.
They send $400 to their family.
They put $500 into Savings.
What is their expenses total?
Thursday, February 12, 2015
LearningChocolate: Monthly Budget
Anna is a waitress at Donny's Restaurant.
She works 40 hours per week and earns $12.00 per hour.
How much money does she earn in one month?
She deposits her paycheck and tips into her checking account.
She uses the money in her checking account to pay for her monthly expenses.
She transfers $200 from her checking account to her savings account.
She saves money for a trip to see her family.
She makes a monthly budget.
She writes down the amounts of her income and expenses.
Does she have enough money to pay her bills and save for the future?
Sunday, February 8, 2015
Thursday, February 5, 2015