Saving 3/27/14

• I learned that,Savings helps you keep your money safe.

•You save money for future use or not to waste money

When you save your  money, you get an interest

Payments,interest rates and Credit Cards

•Interest- Is the fee you pay to be able to  borrow money. An interest rate is the percent age of interest you either make or pay on a principal.

•When you use credit cards, you will have to pay interest.

•When you pay debit, you will receive a rescit

•Interest- Is the fee you pay to be able to  borrow money. An interest rate is the percent age of interest you either make or pay on a principal.

•When you use credit cards, you will have to pay interest.

•When you pay debit, you will receive a receipt

Banking 3/27/14

•Payday lenders offers small cash loans.

•The federal reserve is the central banking system of the united states.

•A retail bank typically deals directly with individual costumers but  may also serve business as well.

•Commercial banks deal primarily with deposit and loans from corporations or large businesses but may also function as retail banks and offer services to individual.

•Saving and loans are banks that specialize in accepting saving deposits and making mortgage loans, but may offer other services such commercial loans and retail checking

•Credit union is a cooperative bank, meaning its privately owned and controlled by its member.