Usborne Money Reading for Beginners - Why People Want Banks

Although you may start keeping money in somewhere else, you'll most likely move it to a ... sooner or later.

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A bank receiving people's deposits is known as a ​ (a)   or ​ (b)   bank.

• commercial
• retail
• center
• public

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Why is using a bank better than keeping your cash at home?

• It's safe and secure.

• You can track your money.

• You have to pay and your money doesn't grow.

• There are many ways you can spend your money.

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What can you track when you deposit your money in a bank?

• a. How much you spend.

• b. How much you have left.

• c. Both.

A ____ ______ is a record of how much money you have available.

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There is only one type of bank account.

• True.

• False.

Criminals can easily steal money from the bank.

• True.

• False.

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There are ____ _____ in every room in the vaults where banks keep cash.

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What are some ways you can spend your money in the bank?

• Sell things to earn money.

• Pay for things with a debit card.

• Withdraw cash from an ATM.

• Buy things online.

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... is the money that the bank adds to your account at the end of each month or year.

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