Basic Banking: Opening a Bank Account
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- Опубликовано: 18 окт 2024
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Over 60% of the adult population in South Africa does not have a bank account. Financial independence isn’t just empowering, it promotes upward mobility and is a catalyst for real social change. This animated series offers a practical introduction to the fundamentals of banking, so that the first step to true independence can be taken.
Opening a bank account is the first step towards financial security. This second module in Basic Banking covers how to open a bank account and how to use it on a regular basis.
It's amazing how our society can make paper & plastic so important in our lives.
Vader Casy fuck off
@@jrc2976 fuck off
Bills aren’t straight up paper. In America it is a more durable mix of paper and cloth. The mix is actually very useful, like when you leave money in clothes that you put through the washing machine.
Would you rather be trading cattle?
Ok boomer
School could neva
right
I-
You killed this bro 💀😂
Facts like this is the tings there suppose to be teaching.
😭😭😭
I’m pretty slow so I have to watch this 100 more times to fully understand it.
Goku- San hahaha🤣
Same
Same
I guess we're all kids tryna open up our first bank account
Same
My parents make it sound like the most difficult and dangerous thing to do. Yet it's simple.
Innedamonk same....
Just be stuborn to them they just egotistic...
Im here if you need help
@@haturbokmuffer do you want bread?
What
Lol same dude same
If mean, if you open up an account that charges a lot of fees and you don't read youe contract then yeah, it can ruin your life and make it to where you cannot open an account ever again.
71,000 views and only 953 likes? I think people sometimes just forget to like whatever actually helps them most after all the other channels beg for likes.
Well that’s just how youtube works I guess. Anyways, views and comments are the only important ones
STOP THE POLITICS
It’s 4.3k rn
8th graders in my school are worried about drama while I’m doing this😅 wish them the best in life
Good for you! You're on the right track
I teach and would love the have all of the modules for a financial management class. This was simple and thorough! Thank you!
Hi Willie, please can you send us your contact details to get in touch? You can pop an email through to info@fuelonline.co.za. Thanks!
This helped me so much, I understand now. I appreciate you and the time you put in this video! You’re awesome. Thanks.
This is very helpful, thank you.
Great info. I wish It felt less like I was in school though.
im 20 bout to get job learning how to do adult shit
didn't get this shit in school
please help mee
right, i’m 18 and i still don’t know how to do this shit and my mom won’t teach me :’)
Guys IF YOU BORN IN POOR AND MIDDLE CLASS PARENTS DONT LET THEM POISON YOUR MIND
IM ALREADY 16 I HAVE A PLAN TO BE RICH AND I WILL REBEL TO MY PARENTS, SO NO MORE TOXIC PEOPLE TO MY LIFE.
THEY DIDNT TEACH ME EVERYTHING THEY KEEP LYING AND DENYING EVERYTHING.
I JUST LEARN THIS TO MYSELF, MY FAMILY DIDNT DO EVERYTHING FOR ME,
THEY ONLY GIVE BASIC NEEDSS BUT NOT ADVANCED RESOURCES, RESPONSIBILITY.
Edit:im tired of being silent all the time sorry guys for saying this things, im burst out my frustration through telling someone things..
Someday we will change this toxic,corrupted world
I keep researching on things that i can do right now.
Pls tell me guys whats your solutions and advice to this and also tell me your problems i want someone to speak to me and understand.
Try ally bank
@@adammontanez2039 y?
Same... But I'm nearly 19
I need to learn this adult stuff ASAP
Living in the country side on a third world country, I can say that nobody relies on bank accounts. Everybody just stores their earnings on a physical wallet. I'm close to turning 21 without knowing how this stuff works since nobody taught me.
You have very good grammar for someone who lives in the countryside in a third world country my guy
Same,none in my family have any cards like this that's why im learning on my own.
A decent enlightening post that you have shared and appreciate your work for sharing the data. I value your endeavors and all the best. Praise your work and continue sharing your data.
People watching this for school: Urggggggggg, I hate this, this is so boring
People not watching this for school: *They need to start teaching this in schools.*
I wanna learning more about transation account,thanks for explanatian specificly
Sooo I’m gonna get a bank account tomorrow at the age of 15 and you litterly just saved my life thank you so much
Don't forget to give the Nigerian prince money so he can wire more to you!
I just want to send my friend money on cash app🙁
Leon SAME!!!
Send me also please 😁😔
ong😭😭
same bro
This is very helpful! Thank you!
This is like super basic lol Not what I was looking for but nonetheless it is probably very helpful for many people. So thank you 👍
Thank you a lot for this video. This is very interesting and informative. Keep posting like those amazing videos, this is awesome.
Open checking and savings account. Being info papers, look for account fees they charge. Get debit card.
It helps me very much to understand banking system and particularly how to open a bank account
This sounds confusing. I have autism and I'm trying to open an account for myself
Don't worry!. I don't have autism but it can be confusing for many including me. My son has autism and my sister helped him out to open up his checking account and credit card. I don't understand what he's saying? As far as I know debit is when you have money in your checking account, you pay with it for you have available money. You can also cash out at any store or ATM. That's why they ask you if you want any cash back? A credit card is only the credit amount used allotted by a credit card company. i.g. Visa, Master Card. My son as a college student & he qualified for $1000. the first time. You can use them as you need, but you have to make monthly payments or can be paid in a lump sum. As far as I know you can not put money into any of these two credit cards account unless you want to pay them off. Never close a credit card account for it will drop your fico scores. Just tell them that you just want to pay it off but you want the account to stay open.. High fico scores will get you a better interest rate if you apply for a car loan or a house. I hope I didn't confuse you? Best of luck!!
@@MalenasBazaArte thanks for the help. I got parts of it but my older sister said that she will help me open one
Jayjay500 Mangal Wonderful!! Have someone dear & close to you to guide you. Best of luck!!
@@MalenasBazaArte aww thank you 🤗
Anti-vaxxers be like: Vaccines
Thanks for the understanding
Can you open more than one account?
Lacrosse Llama yes
Girl you’re everywhere...like we watch the same vids
So you can open either a transaction or savings account but the only difference is that saving acc gives u more interest? so what’s the point of a having transaction account?
Best explanation can you explain more things like these way only like how to open bank account
Thank you for this. It's such an easy way to learn about banks and such.
This is so fucking useful for beginners.
Still was so simplistic, it helped a lot thanks!
Wow. This is a really helpful video. Very recommendable
Im about to open one up thanks for the info school don't teach this stuff to us
Ok im saving up to buy something. But i also need to earn money.. im interested in doing something like selling or commissions online. So how do i do it? I dont know how :/
Same, I want to sell things online and the money will go to a bank account where I can spend the money on the things that I want or need
I am 17 so I need to know
Please give the steps on how to make this kinda ppt I need for a school project!!
you used very good detail in the video
Definitely more important than y=mx+b 🙄
Good teaching
thank you
Really great video! Thank you so much!
Great info!
Is there an age requirement for opening a bank account? I'm a fourteen, an I qualified?
Nightcore music killer I think the account would be under your parent’s name until you turn 18, but I’m not 100% sure
@Don’t Worry oh fr?
@Don’t Worry oh that's good I'm still learning about this type of stuff so I can tell my parents about it and I'm also 16.
@@4oreignBeauti if you know about investing then you are set
You can open an account and 14 but it will be under your parents name until you become 18
Thank you so much sir this video is really helpful to everyone
When you borrow money from a bank it's debt not debit*
-_- no one cares
@@nglbread1510 good for you no one...
Thank you for the good lesson.
Really helpful info to be known
thank you so much i needed this.
Thank you its great and helpful vedio
Is opening a bank account varies from bank to bank, and country to country?
Help me a lot
Amazing video!!
Thanks for the info
Great video
Thank you!
FUEL but how to put more money on a transaction account? Do u need to give it to the bank in cash or what? :\
Thank you so much for the info
I travel a lot what type of bank account should I do
What about a kid account
No, you have to be of age
Good explanation
this video was really helpful and detailed thanks so much!
Thank you. 🙂
Excellent job done✌✌✌✌
Is there any way to get ATM card with savings account
so why does school not teach us this?
Cuz the education system likes to waste students time
@@NAZRULISLAM-kz6yc because it’s common sense and it would take up 1 lessons which you would forget. You do it in your own time thus this video
make more vedios , worth it man
How do I send the money?
ATM
use wants to save my money and rants helps other people
lmao came here because I was never taught this💀😭
Bless 🙏
Hy what does transaction means ??¿
Wait. Credit = Deposit? Am I losing it or am I right?
Nice video. It is very helpful.
Online banking services
Online services grant you the ability to supervise your business more economically and efficiently.
Good info
Pranav
This was helpful
#hirefrank3 helped my family
Nice video
i was sent here for math work
Good
How old do you have to be to get a savings account
Alexander Valencia any age. I’m guessing your a minor though so you’ll have to have a sort of joint account with your parent or guardian. Talk to your parents and research a bank that suits you
Thanks
Very Helpful
Really useful tnks too u 😀
Next video
Super
10/10 video
I am 13 year old how old need to be??
1st. You need your parents permission to open an account.
2nd. Don't comment your age on the internet please.
I gotta figure this myself Bc my parents don’t have the patience to help me :)
I'M HERE FROM MR. PEDRO MARTINEZ! JFK HIGH SCHOOL CLASS OF 2024!!!
excuse me, what kind of accent that you use?
He's a African what do you expect?
@@innocentkrikz copy, thank you. I'm still studying English and try to learning through all the accents people around the world. this is the new one for me :D
Who’s here cause they gotta sugar daddy or sugar mama😭
Me😂😂😂💯
Literally me
Nice
Saving accounts interest rates are a joke
Kk thanks
Plastic has money
I feel like we’ve all been taught but we just never pay attention
Si alguien lee esto estoy aquí por una tarea 👍
bank account ko open kerene ka video bhej
I'm going to be 14 in 3 months and I don't have a bank account :T
I'm 14 and I still don't have one either ;-;
Why would you want a bank account at 14
Heema Galab because I don't wanna be broke..?
I lost............
❤
This was very fast and I can't understand