What is a Bank Account? A Simple Explanation for Kids and Beginners

This video answers the question "What is a Bank Account" in a simple, kid-friendly way. PLEASE SUBSCRIBE (It’s FREE!): http://bit.ly/EasyPeasyFinanceSubscribeFree ⬇️ Click SHOW MORE for details ⬇️ The video addresses the topics below: - What is a Bank Account - Why would you use a bank account - How safe is the money in a bank account - Are there different types of bank accounts Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment! ⬇️ RELATED VIDEOS ⬇️ Checking Account vs Saving Account: https://www.youtube.com/watch?v=WvWO78IjrqI What is FDIC and FDIC Insured: https://www.youtube.com/watch?v=tMFv9kiaVbY ACH Transfer vs Wire Transfer: https://www.youtube.com/watch?v=bekFRkuQdHc Banks vs Credit Unions: https://youtu.be/rbWNX6cnazs What is an ATM: https://www.youtube.com/watch?v=1umtIHeT5T0 ⬇️ RELATED PLAYLISTS ⬇️ All About Banking for Kids - Bank, Credit Union, Checking & Savings Accounts, ATM, Online Bank, ACH Bank Transfer, Etc: https://www.youtube.com/watch?v=UgSoiLTyHag&list=PLD1Hjcbe9g7rMIuicw1N5OpZb_3okaWnN Key Personal Finance Terms for Kids: https://www.youtube.com/watch?v=mi0N0ZQtN4k&list=PLD1Hjcbe9g7qM1_HcgCIbA4b1V9VygbJN All about Money for Kids: https://www.youtube.com/watch?v=WbRvCnsjLxU&list=PLD1Hjcbe9g7p1rYk37aaqpkZNHvq4MS5I Introduction to Finance for Kids - Earning, Saving, Investing, Compound Interest, Inflation, Net Worth, Emergency Fund: https://www.youtube.com/watch?v=3wMITaE5_Qk&list=PLD1Hjcbe9g7opE4MnIRUhDEJSHdaG1vTE --------------------------------------------------------------------------------------- ** Easy Peasy Money ** A Fun Money & Budgeting Book for Kids. The book covers all aspects of money: Earning, Spending, Saving, Investing, Borrowing and Budgeting. View on Amazon: https://amzn.to/3m6d22z ** Easy Peasy Investing ** A Fun Investing Book for Kids. The book covers all aspects of investing: Compounding, Risk-Return, Liquidity, Asset Classes, Diversification, Asset Allocation and Portfolio Rebalancing. View on Amazon: https://amzn.to/3ZhaVHz ** Easy Peasy Banking ** A Fun Banking Book for Kids. The book covers all aspects of banking: Banks, Credit Unions, Checking & Savings Accounts, ATMs, Checks, CDs and Online & Virtual Banking. View on Amazon: https://amzn.to/3ZiYyLm ---------------------------------------------- , please visit: https://www.easypeasyfinance.com/bank-account-for-kids-financial-literacy/ FREE Crash Course in Money Management - Basics of Money and Personal Finance for Kids & Beginners: https://www.easypeasyfinance.com/free EMAIL: easypeasyfinance@gmail.com WEBSITE: https://www.easypeasyfinance.com/ INSTAGRAM: @easypeasyfinancekids https://www.instagram.com/easypeasyfinancekids/ TWITTER: @easypeasyfinanc #Banking #Account #Finance101 #FinanceForKids #FinanceForBeginners #EasyPeasyFinance The links mentioned may be affiliate links: at no additional cost to you, we earn a commission if you click & make a purchase. Credits: Graphics: https://www.freepik.com/, https://openclipart.org/, https://www.pexels.com/, http://www5.flamingtext.com/, http://www.videezy.com Music: http://www.freesfx.co.uk/, http://www.SoundBible.com -------------------------------------------------------------- The links here may be affiliate links, meaning at no additional cost to you, we earn a commission if you click through & make a purchase. Easy Peasy Finance is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. ----------------------------------------------- The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.