Questions About Remote Learning?
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Chloe!!!! I just won 2,500 for the lottery
Nice! You are not going to spend it all right?
Duh! I want to buy a dog, new skis and so much more.
Well maybe you should opening a saving account or check account.
Why would I want to do that?
If you put money in the bank you could have: financial goal,trade-off, interest,liquidity.
What is liquidity?
Liquidity is when you can quickly assets your cash. So if you have an emergenic, you can get to your money fast.
That is a smart idea.
Having a financial goal is good because if you can have a goal and tell people, you will react the goal.
If you want to earn money then it would not be a smart idea to put your money in a saving account.
You are so helpful. What questions should I ask the bank when I open a saving or checking account?
Questions you can ask are: What are the fees you open an account? How much money do I have to have to open a account?
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