Banking 101: What is a Checking Account? Easy Peasy Finance for Kids and Beginners

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Easy Peasy Finance
Published at : 18 Dec 2020
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This video answers a basic question "What is a Checking Account" in a simple, kid-friendly way.
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The video addresses the topics below:
- What is a Checking Account
- Does a Checking Account pay interest?
- Why should one have a Checking Account
- Benefits of a Checking Account
- How many Checking Accounts can one have
- How can money be transferred from one Checking Account to another
- Who needs a Checking Account
- How to open a Checking Account
- Is there a fee for a Checking Account

Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!


⬇️ RELATED VIDEOS ⬇️

What is a Savings Account: https://www.youtube.com/watch?v=HsXAvH3D7wY

What is a Bank: https://www.youtube.com/watch?v=S90pcbG6gsc

What is an Overdraft & Overdraft Protection: https://www.youtube.com/watch?v=sMIHKM2RQ3M

ACH Transfer vs Wire Transfer: https://www.youtube.com/watch?v=bekFRkuQdHc

Credit Card vs Debit Card: https://www.youtube.com/watch?v=mllbYh0DFMc

What is FDIC and FDIC Insured: https://www.youtube.com/watch?v=tMFv9kiaVbY


⬇️ RELATED PLAYLISTS ⬇️

All About Banking for Kids - Bank, Credit Union, Checking & Savings Accounts, ATM, Online Bank, ACH Bank Transfer, Etc: https://www.youtube.com/watch?v=UgSoiLTyHag&list=PLD1Hjcbe9g7rMIuicw1N5OpZb_3okaWnN

Key Personal Finance Terms for Kids: https://www.youtube.com/watch?v=mi0N0ZQtN4k&list=PLD1Hjcbe9g7qM1_HcgCIbA4b1V9VygbJN

All about Money for Kids: https://www.youtube.com/watch?v=WbRvCnsjLxU&list=PLD1Hjcbe9g7p1rYk37aaqpkZNHvq4MS5I

Introduction to Finance for Kids - Earning, Saving, Investing, Compound Interest, Inflation, Net Worth, Emergency Fund: https://www.youtube.com/watch?v=3wMITaE5_Qk&list=PLD1Hjcbe9g7opE4MnIRUhDEJSHdaG1vTE



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#Banking
#Finance101
#FinanceForKids
#FinanceForBeginners
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