Banking powerpoint

1. Banking
By: Tian Hao Xu

2. What is Banking?
• Banking is the financial institution licensed to receive deposits and make
loans according to investopida.com
• A bank will also keep track of where and when your money gone,
keeping your money safe, etc…

3. What are Financial Institutions?
• A financial institution (FI) is a company engaged in the business of
dealing with monetary transactions definition from investopdia.com
• Financial institutions includes banks, trust companies, insurance
companies, and brokerage firms or investment dealers.
• All these institutions can keep your money safe, spend the money you
kept safe on investment or goods or help you manage your money.

4. The Importance of Banking
• Banking is important as you can keep track of
your money
• It can be for protecting your money, setting a
forced budget or the ability to be eligible for
loans, mortgages or credit cards
• These things makes banking highly important
as we teens go grow up we need to be able to
manage our own finances and bank our
money
• It is better to learn these sooner than earlier
as it makes the future a lot simpler

5. What Do I Think Of Banking
• In my opinion banking is a extremely
useful skill by being able to know how
much money you have and making a
budget you can save a lot of money.
Banking will show that even the smallest
spending will have a impact on your
expenses. Banking will also help you
determine if you are a spender or saver,
as it will show you if you spend a lot or
save a lot.