Podcast
Questions and Answers
What type of account did John open to manage his daily expenses and paycheck deposits?
What type of account did John open to manage his daily expenses and paycheck deposits?
- Savings Account
- Credit Card
- Mortgage
- Chequing Account (correct)
Where does Maria regularly add money to earn interest over time?
Where does Maria regularly add money to earn interest over time?
- Credit Score
- Savings Account (correct)
- Amortization Period
- Chequing Account
What did Alex use to make a quick and easy transaction to pay back his friend for concert tickets?
What did Alex use to make a quick and easy transaction to pay back his friend for concert tickets?
- Online Banking
- Bill Payment
- Direct Deposit
- E-transfer (Electronic Funds Transfer) (correct)
What does Sarah use to handle her finances without visiting the bank?
What does Sarah use to handle her finances without visiting the bank?
What is the term for the period over which the Smiths will pay off their mortgage, including interest?
What is the term for the period over which the Smiths will pay off their mortgage, including interest?
What did the newlyweds make to avoid private mortgage insurance on their new home?
What did the newlyweds make to avoid private mortgage insurance on their new home?
What does a portion of Ethan's mortgage payment each month go towards, slowly paying off the loan?
What does a portion of Ethan's mortgage payment each month go towards, slowly paying off the loan?
What was high due to Lisa's years of responsible borrowing, securing her a favorable loan rate?
What was high due to Lisa's years of responsible borrowing, securing her a favorable loan rate?
What did Noah check before traveling?
What did Noah check before traveling?
How did Megan build her credit history?
How did Megan build her credit history?
What did Linda incur when withdrawing cash abroad?
What did Linda incur when withdrawing cash abroad?
What did Ava decide to do to pay her tuition?
What did Ava decide to do to pay her tuition?
