Dave helps his uncle Pete with some painting; and when he receives a cheque for the work, he's told he needs to open a bank account. He chooses a savings account because he wants to save up for small things, like a private jet. This short film includes:
Why do I need a bank account as opposed to keeping cash?
What are the benefits of opening a savings account?
What do I need to do to open a savings account?
What is 'interest'?
What does it cost me to open an account (understanding bank charges)?