CashVille Kidz Ep 18: Types of Bank Accounts

By : Zehon

Published On: 2017-09-14

8 Views

07:01

In this , theStudents will discover the many ways and methods they can use to pay for stuff. Each method has its own pros and cons. The payment method that you choose will depend on what you are paying for and how much is the payment.\r
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Paying by cash is the most common and oldest way. The good thing about paying with cash is that you are spending money that you have. This makes it easier for you to keep track and budget your expenses.(Payment Method #1 -- by Cash -- easier to keep track of your expenses)\r
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Another method used especially when paying for a larger amount is by using cheques. To use cheques, you need to have a current account. This is a good method because you dont have to carry lots of money around(Payment Method #2 -- by Cheque -- easier to keep track of your expenses).\r
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E-banking is becoming more and more famous these days as technology has advanced over the yearspeople are becoming more tech-savvy. They are able to pay for stuff from the comfort of their own home.(Payment Method #3 -- e-Banking -- paying from the comfort of your home)\r
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