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Would you recommend that Kyoko use a debit card? Yes O No What is the basis for your recommendation? Kyoko thus, her checking account. to and carries her checkbook. Kyoko would probably the risk of overdrawing her checking account, especially since she Why is it important for you to know about debit cards and how they work? Here are a couple of reasons. Using a debit card without getting into trouble with it requires Using a debit card can help you If you know that you are unlikely or unable you stand the risk of overdrawing your checking account and having to pay overdraft fees. to record transactions and into

Would you recommend that Kyoko use a debit card? Yes O No What is the basis for your recommendation? Kyoko thus, her checking account. to and carries her checkbook. Kyoko would probably the risk of overdrawing her checking account, especially since she Why is it important for you to know about debit cards and how they work? Here are a couple of reasons. Using a debit card without getting into trouble with it requires Using a debit card can help you If you know that you are unlikely or unable you stand the risk of overdrawing your checking account and having to pay overdraft fees. to record transactions and into

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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( tends to lose receipts/ keeps detailed records)

(rarely/always)

(remember/forget)

(avoids/runs)

(sometimes forgets to deposit her paycheck/ has arranged for her pay to be directly deposited)

(collateral/self-discipline)

(keep good records/provide collateral)

(being to establish your credit history/avoid potential credit problems)

A debit card provides direct access to your checking account. When you use a debit card to purchase goods or services, the amount of the purchase is immediately deducted from your checking account balance. Consider the following example: Kyoko has decided to conduct her financial business on as much of a cash basis as possible. She always has her checkbook with her and keeps timely and detailed records of her financial transactions. Her weekly pay is automatically deposited into her checking account. Would you recommend that Kyoko use a debit card? Yes No What is the basis for your recommendation? Kyoko thus, her checking account. and carries her checkbook. Kyoko would probably the risk of overdrawing her checking account, especially since she Why is it important for you to know about debit cards and how they work? Here are a couple of reasons. Using a debit card without getting into trouble with it requires to Using a debit card can help you . If you know that you are unlikely or unable you stand the risk of overdrawing your checking account and having to pay overdraft fees. to record transactions and into
Transcribed Image Text:A debit card provides direct access to your checking account. When you use a debit card to purchase goods or services, the amount of the purchase is immediately deducted from your checking account balance. Consider the following example: Kyoko has decided to conduct her financial business on as much of a cash basis as possible. She always has her checkbook with her and keeps timely and detailed records of her financial transactions. Her weekly pay is automatically deposited into her checking account. Would you recommend that Kyoko use a debit card? Yes No What is the basis for your recommendation? Kyoko thus, her checking account. and carries her checkbook. Kyoko would probably the risk of overdrawing her checking account, especially since she Why is it important for you to know about debit cards and how they work? Here are a couple of reasons. Using a debit card without getting into trouble with it requires to Using a debit card can help you . If you know that you are unlikely or unable you stand the risk of overdrawing your checking account and having to pay overdraft fees. to record transactions and into
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