Banking

In this everfi module I learned many new things. One thing that I learned is that putting your money in the bank is a smart idea. It's also a safe place for your money. You also earn interest on your money. But, there you have to know the different kind of banks to put your safe money into. One type of bank is a retail bank. A retail bank is when a bank executes transactions directly with costumers, rather than corporations or other banks. Another type of bank is credit union. A credit union is when a non- profit making money cooperative whose members can borrow from pooled deposits at low interest rates. The last type of bank is a bank online. In the future i believe that i would put my money in the bank to keep it safe. I would recommend it to everyone.  

Savings

 

This module help me understand many important things. One important thing that this everfi module has taught me was that saving money is important. You can save your money for many different things, important or unimportant. you can save money to pay for college in the future, and you can also save money to go shopping later. I would advise everyone to save money. I know that i would definitely save money in my future.