Personal Finance

Get a new pair of shoes

Put the money in a piggy bank

Put money under a mattress

Purchase Stocks

Buy candy you plan to sell for a profit

Send a check to the IRS

Buy groceries for the week

Pay for a dinner out with friends

Purchase a new phone

Get a subscription to a streaming service

Put money in a savings account

Invest in real estate

Contribute to a retirement account

Buy mutual funds

Start a small business

1. A loan for the amount purchased

1. Uses a PIN to secure the account

Charges interest

Tends to encourage people to spend more than other methods of payment

A “plastic” check

Someone can clean out your account if it’s lost

You pay for your purchase later

Tied to your checking account

You pay for the purchase now

Won’t work if you’re out of money

You can report fraudulent purchases and not be out the money