Comparison
The comparison of Wells Fargo and SunTrust presentation was the banks representatives explain what their bank offers such as saving accounts and credit cards. In addition, the best way to own a house or a car cheaper is having a high credit score. An advice to the class was to own a credit card to whoever is 18 years old. Therefore, we can start building our credit, we all need to know how to use it, buy something that we can pay on time, and do not spend thousands of dollars because this has many consequences. A presentation highlight to me was that late payments stays on an individual record for 7 years. A person with low score or bad record it is not trustworthy to lean money to.
The comparison of Wells Fargo and SunTrust presentation was the banks representatives explain what their bank offers such as saving accounts and credit cards. In addition, the best way to own a house or a car cheaper is having a high credit score. An advice to the class was to own a credit card to whoever is 18 years old. Therefore, we can start building our credit, we all need to know how to use it, buy something that we can pay on time, and do not spend thousands of dollars because this has many consequences. A presentation highlight to me was that late payments stays on an individual record for 7 years. A person with low score or bad record it is not trustworthy to lean money to.
Contrast
The SunTrust presentation was in our classroom of 30 students, this might be difficult for the speaker to involve all the class, in order to feel comfortable.
The presentation that helped me understand more of saving and credit was from Wells Fargo from Mr. Elton he was open and confidential in his presentation. Mr. Elton knows how to have teenagers attention, also he made he made the presentation interesting by letting the group of 12 students ask our own questions. Now I understand better the importance to manage incomes.
The SunTrust presentation was in our classroom of 30 students, this might be difficult for the speaker to involve all the class, in order to feel comfortable.
The presentation that helped me understand more of saving and credit was from Wells Fargo from Mr. Elton he was open and confidential in his presentation. Mr. Elton knows how to have teenagers attention, also he made he made the presentation interesting by letting the group of 12 students ask our own questions. Now I understand better the importance to manage incomes.
What I learned
What I learn from banking presentation was that in order to choice a bank I need to know that has the best quality for me about interest rate, monthly fees, and the closest to my house. What surprises me was that if I do not know how to do my budget monthly. I will end up in debt with the bank and I would not be to supply my needs and wants. I would apply all this detail to my life to be a successful person regards of economics.