03: How Do Banks Make Money?

Finance With Kids - A podcast by Steve and Ava Coughran

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A bank is a place where you can keep your money safe and even make more money over time. When you open an account at a bank, you can deposit your money and the bank will keep it secure for you. This is much better than hiding your money under your mattress or keeping in your piggy bank where someone may steal it. In return, the bank may pay you interest on your savings. Join us for this episode to learn more about how banks work and make money. Kids, if you want to be on the show, ask your ...