Banking is a very essential part of life. I learned about the Federal Bank located in Washington D.C. A credit union requires membership. The least important part of a check is the memo line.
In my class we have been in a simulation for us to learn how to balance a budget with bills and everything that would happen when we live on our own. My bills started to have a rocky start and I went into debt because of the first and last down payment on my apartment. The cash flow spreadsheet is used for the purpose for us to keep track pf how much money I need in order to successfully pay my bills without going into debt afterwards.
The Everfi module Payment types discuss money orders, which is a way to pay up front wihtiut the check bouncing. It also talks about a debit card which is a card linked directly to your bank account. A credit card is a card that lets you borrow money to make a purchase.
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