How much can I contribute to a TFSA per year?
How should I repay money that I have withdrawn from a TFSA?
How can I transfer money from my TFSA so that I don’t get into trouble with the taxman?
http://www.getsmarteraboutmoney.ca/managing-your-money/investing/tax-free-savings-accounts/Pages/what-is-a-registered-tax-free-savings-account.aspx
Duration : 0:3:11
This video is for Consumer’s Ed class, which our class had for some reason the LAST week of school right before finals. Actually no, this video IS our finals for that class. Anyway, we got to choose between doing a live performance or a video, and as you can see .. I’m not exactly Natalie Portman when it comes to acting, so I managed to persuade my fellow group members to make a video instead. Enjoy.
Original script (some changes have been made):
_________________________________
Narration: This is Jessica. She loves shopping and today she got her first payment from her summerjob. Today, she’s going to the bank for the first time. (Poster of a bank)
Teller (M): Welcome to Lincoln Bank
Jessica: Hi, I want to open an account
Teller: what kind of account do you want to open?
Jessica: whichever account that lets me take money out.
Teller: we have two kinds of accounts: a savings account and a checking account.
Jessica: what’s the difference?
Teller: Well, a checkings account allows you to deposit and withdraw money from it at any time, whether it’s electronically, via your ATM, or by paying with a check. You will also receive a debit card and a checkbook to withdraw money from that account. A savings account lets you save money and you can watch it grow with interest. Withdrawals, however, are harder to make from a savings account than by a checking account.
Jessica: Can I open both accounts?
Teller: Yes, just fill out these papers… (hands her papers)
Jessica: I dunno what to do.. I got to go home and look up the stuff
-end scene-
Narrator: This is how you’re supposed to do it. Remember, if there is anything you don’t understand, go home and research the different accounts at your bank. (Jessica at home, typing on her computer)
Jessica: (typing and on phone) hmm… I think I’ll go to Koehler Bank instead of Lincoln Bank- they don’t charge a monthly fee for checking and savings accounts. I only need a minimum opening deposit $25. Well gotta go Mom! Soon I’ll have my own bank accounts!
Narrator (M): Thanks to researching, Jessica found another bank that was more suitable for her. She’s now going to Koehler Bank to open her accounts.
Teller (A): Good evening, how can I help you?
Jessica: Hey, I would like to open a checkings account and a savings account, thanks. Also, I’d like to know any specific information related to the accounts.
Teller: Sure! Unless most other banks who do not offer interests, our checking account has a 0.25% annual payment yield! However, you’ll need to have at least $25 on your account every month. If you don’t, we’ll charge an additional $10 every month until your the minimum limit is met. You can withdraw money from your account whenever you want to as long as your have money available in it.
Jessica: I see, how about the savings account?
Teller: Our savings account gives you a 1% apy. Also, you are restricted to 6 withdrawals per month.
Jessica: What about the fees?
Teller: For the checking account, beside the $25 limit there is ATM usage fees, online access and bill fee, as well as an overdraft fee. There’s no fee for the savings account.
Jessica: I see. Well, then I’d like to open both accounts here, thank you!
Teller: Very well, just sign here and you’re good to go. (Jessica signs) Here is your debit card and your check book. Have a good day!
Narrator: And just like that, Jessica opened her first bank accounts. She can now go shopping using her debit card and check book from her checking account and earn money with her savings account. She lived happily ever after. Thank you for watching.
Duration : 0:3:34
This video is for Consumer’s Ed class, which our class had for some reason the LAST week of school right before finals. Actually no, this video IS our finals for that class. Anyway, we got to choose between doing a live performance or a video, and as you can see .. I’m not exactly Natalie Portman when it comes to acting, so I managed to persuade my fellow group members to make a video instead. Enjoy.
Original script (some changes have been made):
_________________________________
Narration: This is Jessica. She loves shopping and today she got her first payment from her summerjob. Today, she’s going to the bank for the first time. (Poster of a bank)
Teller (M): Welcome to Lincoln Bank
Jessica: Hi, I want to open an account
Teller: what kind of account do you want to open?
Jessica: whichever account that lets me take money out.
Teller: we have two kinds of accounts: a savings account and a checking account.
Jessica: what’s the difference?
Teller: Well, a checkings account allows you to deposit and withdraw money from it at any time, whether it’s electronically, via your ATM, or by paying with a check. You will also receive a debit card and a checkbook to withdraw money from that account. A savings account lets you save money and you can watch it grow with interest. Withdrawals, however, are harder to make from a savings account than by a checking account.
Jessica: Can I open both accounts?
Teller: Yes, just fill out these papers… (hands her papers)
Jessica: I dunno what to do.. I got to go home and look up the stuff
-end scene-
Narrator: This is how you’re supposed to do it. Remember, if there is anything you don’t understand, go home and research the different accounts at your bank. (Jessica at home, typing on her computer)
Jessica: (typing and on phone) hmm… I think I’ll go to Koehler Bank instead of Lincoln Bank- they don’t charge a monthly fee for checking and savings accounts. I only need a minimum opening deposit $25. Well gotta go Mom! Soon I’ll have my own bank accounts!
Narrator (M): Thanks to researching, Jessica found another bank that was more suitable for her. She’s now going to Koehler Bank to open her accounts.
Teller (A): Good evening, how can I help you?
Jessica: Hey, I would like to open a checkings account and a savings account, thanks. Also, I’d like to know any specific information related to the accounts.
Teller: Sure! Unless most other banks who do not offer interests, our checking account has a 0.25% annual payment yield! However, you’ll need to have at least $25 on your account every month. If you don’t, we’ll charge an additional $10 every month until your the minimum limit is met. You can withdraw money from your account whenever you want to as long as your have money available in it.
Jessica: I see, how about the savings account?
Teller: Our savings account gives you a 1% apy. Also, you are restricted to 6 withdrawals per month.
Jessica: What about the fees?
Teller: For the checking account, beside the $25 limit there is ATM usage fees, online access and bill fee, as well as an overdraft fee. There’s no fee for the savings account.
Jessica: I see. Well, then I’d like to open both accounts here, thank you!
Teller: Very well, just sign here and you’re good to go. (Jessica signs) Here is your debit card and your check book. Have a good day!
Narrator: And just like that, Jessica opened her first bank accounts. She can now go shopping using her debit card and check book from her checking account and earn money with her savings account. She lived happily ever after. Thank you for watching.
Duration : 0:3:34
I would like a savings account that has limited access and a minimum balance of £1. I currently have a savings account with RBS but it’s so easy to access and I’ve tried everything in my might to stop myself withdrawing funds. Does such an account exist with limited access?
You could look at getting an ISA where you have to give notice if you want to withdraw money; if you have to plan a month in advance you might not withdraw so much!
Also ISAs with books rather than cards make taking money out more difficult – you can’t just go to an ATM, you have to go to a branch and queue
An Ohio woman who just turned 100 years old has taken customer loyalty to the extreme: She’s still using a bank savings account that’s been around almost as long as she has, since just before World War I. (June 3)
Duration : 0:1:43
We all like a nice surprise. So we had an idea. Every month we give three savers £100,000, as well as paying interest on their savings.
Hold £5,000 in your qualifying Halifax or Bank of Scotland savings account each calendar month to enter. Registration required.
Savers Prize Draw from Halifax. The people who give you extra.
For more information, please visit – http://www.halifax.co.uk/savings/savers-prize-draw
Duration : 0:1:0
When it comes to saving with a cash ISA, you may feel a little lost. So here at Lloyds TSB we make tax free savings simple. With our instant access cash ISA saver.
Lloyds TSB, for the journey.
Find out more about the Lloyds TSB instant cash ISA saver here http://www.lloydstsb.com/savings.asp
Duration : 0:0:30
Everything you wanted to know about a TFSA but were too afraid to ask.
Duration : 0:2:25
assimalhakeemhttp://gdata.youtube.com/feeds/api/users/assimalhakeemEducationAssim alhakeem, quran, hadith, prophet, hudatv, fiqh, sunnah, riba, interest, bank, islamRuling on interest through savings account
Duration : 0:6:16
Procredit bank’s campaign with famous kosovar sitcom actors, through a series of TV Commercials, promotes Term Deposits, Savings and Children’s savings accounts.
Concept and production: www.koperativa.com
Duration : 0:0:48