A Banking Story bankin_gros_cochon.gif A Fill-in-the-gap Activity

1. Fill in the blanks below. Use the words from the word list to help you type the missing word.
2. If you need a clue, CLICK on the [?] next to each blank.
3. For more help, go to the bottom of the screen and click on HINT for the first letter of the missing word.
4. Each click on HINT at the bottom of the screen will give you another letter to the missing word.
5. Click on CHECK when you’re finished for your score.

NOTE: Anytime you ask for a clue or for hints you will lose points! Good luck!

   afford      bank statement      bi-monthly      credit      debt      deposits      home      interest rates      invest      manager      mortgage      overdraft      personal      quickly      tax      withdrawals   
Janice and Thomas Waters have been working for the same company since 1994. Janice is paid and her cheque is automatically deposited into her chequing account. She receives a each month showing her deposits, , and balance. Thomas receives a monthly cheque by mail, and it into a savings account. He uses a passbook.

Their dream has always been to own their own . However, with so low, their savings are not growing as as they would like. They are not sure if they have enough for a down payment, or if they can get a . They are terrified of being in . They need some financial guidance.

Janice and Thomas decide to make an appointment with the bank to discuss their situation and concerns. Some of the questions they had for the bank manager were:

1. Where can they some of their savings to earn a higher rate of interest?
2. Are there any shelters that they are not aware of?
3. What is their rating?
4. What is a line of credit?
5. Should they have protection to avoid any Non Sufficient Funds (NSF) charges?
6. How can they know if they can a mortgage?

Good luck Janice and Thomas. Don’t give up on your dream.