PDST | Professional Development Service for Teachers
Which Savings Scheme Would You Choose?
Lump Sum
• You have just won €10,000 in the lottery!
• You have decided to save the lump sum for a few years.
• Investigate various savings accounts that are available.
1) Suggest a) a suitable An Post savings scheme and
b) a suitable Bank or Building Society or Credit Union savings plan.
2) Give reasons for each of your choices then
3) Complete each table
1. An Post Savings Scheme:
Reasons for Choice:____________________________________________
___________________________________________________________
|Description of Scheme | |
| | |
|Ease of Withdrawal | |
|Security | |
|Interest/ Return | |
| | |
| | |
2.Bank or Building Society or Credit Union Savings Scheme:
Reasons for Choice:____________________________________________
___________________________________________________________
|Description of Scheme | |
| | |
|Ease of Withdrawal | |
|Security | |
| | |
|Interest/ Return | |
| | |
| | |
Which Savings Scheme Would You Choose?
Regular Savings
• You have just secured your first full time job.
• You have decided to save €50 every month for a few years.
• Investigate various savings accounts that are available.
1)Suggest a) a suitable An Post savings scheme and
b) a suitable Bank or Building Society or Credit Union savings plan.
2) Give reasons for each of your choices then
3) Complete each table
1) An Post Savings Scheme:
Reasons for Choice:____________________________________________
___________________________________________________________
|Description of Scheme | |
| | |
|Ease of Withdrawal | |
|Security | |
|Interest/ Return | |
| | |
| | |
2) Bank or Building Society or Credit Union Savings Scheme:
Reasons for Choice:____________________________________________
___________________________________________________________
|Description of Scheme | |
| | |
|Ease of Withdrawal | |
|Security | |
| | |
|Interest/ Return | |
| | |
| | |
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