Fixed Deposit vs Saving : Safe Money Choices

Business - A1-A2 | Beginner Level

4.9 $

Jan. 27 Tue , 18:00 USA

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Description

In this session, we will talk about fixed deposits and savings accounts as safe money choices. You will learn the basic differences between them, how they work, and when to use each one. We will also practice simple money vocabulary and talk about real-life situations. By the end of the session, you will feel more confident choosing the best place to save your money.

Session Activities

1: Do you check your bank balance often?

2: Where do you usually keep your savings?

3: Have you ever saved money for a long time?

1: What was the first thing you ever saved money for?

2: What kind of purchase makes you feel less guilty?

3: In what situations would a savings account be a better choice than a fixed deposit?

4: Would you lock your money away if the interest was only slightly higher? Why or why not?

5: How would an emergency change your saving strategy?

6: Would you split your money between savings and fixed deposits? Why?

7: How does your income level affect your choice between the two?

Put money aside

save money

Live within your means

don’t spend more than you earn

Play it safe

choose a low-risk option

Nest egg

money saved for the future