Account Balance
The amount of $$ in my account.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
Amanda Stanhaus
Tag: bank
April 15, 2014
Automatic Teller Machine
ATM. Insert debit card, enter PIN, receive $$. Easy peasy…as long as there is $$ in the account.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
April 10, 2014
Bank
An establishment that stores and plays with $$. Fun fact: investment and commercial banks are not the same.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
April 9, 2014
Bank Guarantee
The government insures that $$ in bank accounts is safe!
Federal Deposit Insurance Corporation (FDIC) protects up to $250,000.
Canada Deposit Insurance Corporation (CDIC), protects up to $100,000.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
April 8, 2014
Bank Statement
A diary of a month’s transactions. A bank sends one to all account holders.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
February 22, 2014
Commercial Bank
Think bank and this is the kind that comes to mind. Tellers, ATMs, deposits, loans, mortgages etc.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
January 31, 2014
How to Pick a Bank
Picking a bank is almost like picking a man-friend.
Yes, as an independent woman, I know a bank is a necessity and a man-friend is not.
And yes, all banks want me as their customer, but not all men are clamoring at my doorstep.
Yet, when I am seeing a man approx. every day, or doing business with a bank everyday, I do have some criteria.
Multitalented
I like my men to be Renaissance men. And so too does my bank need to have a wide range of abilities. Ideally my bank will house my checking account & debit card, savings account and credit card.
Honest
Honesty is the best policy. It’s not easy to communicate/hear sometimes, but I appreciate knowing exactly what I’m getting myself into. For banking, I like to know everything about each of my accounts. Plus, it helps to hear about what I could do differently to save myself some $$ (i.e. not pay fees).
Perks
No matter how long we’ve been dating or banking together, we all like to be treated. Interest payments on a savings account or cash back/points on a credit card are a bank’s equivalent of a drink on the house and are always appreciated.
Tough love
I try my best, but it’s true that no one’s perfect. I don’t want to live in fear of my man walking out over spilled milk, or my bank charging me an outrageous fee when I overdraft. I know what I did is wrong, so I want the fee to be just the right amount, not too large or too small.
Find all four criteria in a boy/bank? He/it is a keeper!
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)
January 15, 2014
Deposit
$$ leaves a wallet and goes into an account.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
January 6, 2014
Baked Goods & Banking
I loved baked goods. But I make a deal with myself. No store-bought baked goods. I must make them from scratch. How I justify homemade baked good…well, I burn calories kneading the dough and save some $$.
My heroine and author of 1962’s Sex and the Single Girl Helen Gurley Brown would agree with me!
Here are her thoughts on food, drink, & entertaining:
“Give up starchy snacks, bread, pastries, suet pudding, preserves and soft drinks— all terrible for you anyhow.”
“Keep an almost bare cupboard. You don’t eat much. Who are those other people you’re feeding?”
“Cook with margarine…Cooking with cream and butter does pile calories on you and the guests you presumably love—so watch it!”
“Drink skimmed milk. It’s cheaper and keeps you skinnier!…Cook with powdered skimmed milk. One-third cup plus three-fourths cup of water makes one cup of milk loaded with minerals and vitamins and it tastes fine.”
“Try to like kidneys, hearts, liver, brains. Every nutritionists says they give you more health returns than filet mignon. Oh yes…they cost one-sixth as much. (P.S. I never learned.)”
“Posh lunches with girl-friends are to celebrate an increase in salary. Any girl who doesn’t take her lunch to work three days a week is a spendthrift. Brown bag fare is healthier. Yogurt, carrot sticks, and fruit are glamorous girl fodder. It’s cheaper. And who wants to spend noon hours in a noisy, second-rate restaurant who you can shop, stroll with a friend or sit in the sun?”
“Anyone can take you to lunch. How bored can you be for one hour?”
“Give big parties with one or two friends but don’t B.Y.O.L. anybody. Who needs a party that isn’t free?”
“Those who drink aged scotch or bourbon will have to bring flasks.”
“Don’t entertain deadbeats.”
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)
January 2, 2014
Electronic Banking
Everything done at a bank’s teller window (transfers, withdrawals, deposits), but without the human interaction. What is the world coming to??
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
