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How Banking Actually Works (And How to Set Up Your First Accounts)
🎓 Youth Corner with Sabiha Mukadam
Most people don't think much about banking until that first real paycheck arrives.
Suddenly, money is coming in, and just as quickly, it's going out.
In this episode, Sabiha explains how banking actually works, the difference between chequing and savings accounts, debit cards versus credit cards, and the simple habits that can help young adults build financial confidence from the start.
In this episode:
What banks actually do
How banks make money
Why you need both a chequing and savings account
How banking apps help you manage your money
Debit cards vs…
The skinny
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