Some
people use checks are when you put money in the bank. They hold your money and
you give stores a special piece of paper called a check. They send that checks
to the bank and the bank take money out of your account and gives it to the
store. When you have spent all your money you have to put more in.
Brendon,
ReplyDeleteThis is exactly how it works for me. Great piece!
Cali
You'd be surprised how many people your age don't really understand about checks, Brendon. You clearly do, and have explained it well. Nice job!
ReplyDeleteHi Brendon,
ReplyDeleteThis is a very accurate account of how checks work! The tricky part is always making sure you have enough money in the bank. How do you make sure there is enough money in there for all of your expenses?
Very nice, brief explanation about how checks work and a reminder that the whole process can go wrong if you don't have money in the bank to "cover" the check. A short piece but it covered the subject nicely.
ReplyDeleteGreat explanation about checks. Another thing I wanted to add is that you can keep track of how much money is in the bank by "balancing your checkbook." You can use a little booklet to write out how much money is in the bank account and then add or subtract as you have money taken out (spent) and deposited. That way you know how much is in your account at one time. =)
ReplyDelete