This article is sponsored by REdy Money, your destination for all things finance and banking. WHAT IS AN INTEREST RATE? An interest rate is a percent of an amount of money. This percent is set by the bank. An interest rate shows you how much interest you get on your
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Introduction to Interest Rates
This article is sponsored by REdy Money, your destination for all things finance and banking. I AM SAVING MONEY IN THE BANK. WHAT IS AN INTEREST RATE? Imagine you are a person or a business and you want to store money in the bank. Often you will get some extra
What can I do with my Bank Account?
WHAT CAN I DO WITH MY BANK ACCOUNT? There are 3 main things you can do with a bank account. 1. You can store money in it. 2. You can borrow money from the bank 3. You can transfer money to other bank accounts. WHAT HAPPENS WHEN YOU STORE MONEY
Introduction to Banks and Bank Accounts
This article is sponsored by REdy Money, your destination for all things finance and banking. WHAT DOES A BANK DO? A bank is a company that deals with money. They store money for customers and lend money out to customers. Banks also help their customers send money to other people.