Activity Now that you know about the different types of bank accounts, relate this information to your chosen career path. Write a paragraph explaining
the type(s) of bank accounts that you would need in order to save enough money for college or training for your career. Your answer should
address the following questions:
• Do you already have a bank account? If so, which type(s), and how do you use them? If not, then how could you go about opening a bank
account of your own?
• After learning about the different types of bank accounts, which one do you think offers the best options for saving money for college, daily
living expenses, and an emergency fund?
• Define a bounced check, or a check returned for insufficient funds. Explain a circumstance in which someone might bounce a check (give an
example), and create and discuss a plan so that this does not happen to you.