How Banks work?
Introduction
Harry’s second year at Hogwarts is rife with fresh torments and horrors, including an outrageously stuck-up new professor, Gilderoy Lockhart, a spirit named Moaning Myrtle who haunts the girls’ bathroom, and the unwanted attentions of Ron Weasley’s younger sister, Ginny. But these seem minor
About This Talk
In this vTalk, Kids will research and learn about banks. Here are some helpful tips for the talk.
Do you ever get money for doing chores, or maybe as a present for your birthday? If so, where do you put that money? Maybe you have a piggy bank where you store money that you save, and it sits there until you’re ready to buy something cool like a video game.
However, many people decide to put their money into a regular bank. Let’s find out why this is a good option, and what happens to your money once it is in the bank.
- How do banks work?
- saving deposits
- fixed deposits
- lending credit
- loans and mortgages
- paying interest
- borrow money at lower rate
- lend at higher rate
- what is interest?
- what is an ATM?
- What does credit mean?
- Where do banks save money?
- What does online banking mean?
Question for thought: Why banks are important?
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