Money My Way - Banking
Banking can be very confusing! Taking the time to find out about bank accounts and visit your bank can be difficult if you have a busy life. Sometimes, it can mean understanding complicated forms and waiting ages to speak to the right person. This page will help you to get to grips with the basics of banking, as well as banking online - which could be a great option if you're looking to save time!
Task 1: Choosing the right bank account
Choosing the right bank account can be difficult. There are so many to choose from that it might seem as though none of them are right for you! This page from the Money Advice Service has some information and a short video about choosing the right bank account for you.
Money Saving Expert also has some great information about different types of account that might be useful to look at before you make a final decision.
Citizens' Advice also has a lot of useful information about the different types of bank account that are available.
Bank accounts aren't for everyone! Credit Unions are a good alternative if you're struggling to open a bank account or if you're looking for something different. Here's a guide about Credit Unions from Money Saving Expert.
Task 2: Online and Mobile Banking
It might seem scary to be dealing with your money online at first, but millions of people use online banking every day - with a little practice, you could be one of them! If you're ready to find out more, the Online and Mobile Banking course on Learn My Way is a great place to start.
Session Plan For Tutors
If you're a tutor, you might find it useful to use the session plan below to support this topic.