The Ultimate Do You Really Need a Bank Account Quiz
You work hard to earn your money and want to know where is the best place to keep it safe. Most people keep their money in a bank account, but there are both perks and drawbacks to having a bank account. Take this quiz to help you make an informed decision as to whether you really need a bank account.
Why would someone put money in a bank account?
to save it
to obey the law
What is a perk of having a bank account?
using an ATM
having a friendly banker to advise you
How is a bank account useful if you are working?
It looks better on a resume if you have a bank account.
You are less likely to spend your money at once if it is in an account.
You can get paid straight into your account.
Why would a financial adviser recommend a bank account?
It makes budgeting easier.
The adviser gets commission from the bank.
The returns are higher than investing on the stock market.
If you have a bank account, what feature saves you carrying wads of cash around?
a pin number
a debit card
How can a bank account protect you from overdue bills?
with standing orders
with online banking
with telephone banking
What has been happening to bank fees over the years?
staying the same
Approximately how many families in the U.S. do not have bank accounts?
If you don't want to send cash in the mail and you don't have a bank account, how can you pay someone?
both of the above
Where can you cash a check if you don't have a bank account?