(UPBEAT MUSIC PLAYING)

Logo: TVO Kids News.

Daniel walks in the set.

Daniel is in his twenties, with short curly brown hair and wears glasses, jeans, a gray TVO Kids T-shirt and a red hoodie.

He says WELCOME BACK
TO
TVOK NEWS.
NOW, OUR GUEST,
SHANNON LEE SIMMONS,
GETS ASKED A LOT OF QUESTIONS
ABOUT MONEY,
AND I THINK SHE HAS AN ANSWER
TO A VERY BIG QUESTION.
LET'S CHECK IN WITH
WHAT SHE HAS TO SAY.

Shannon is in her thirties, with long, slightly wavy red hair and wears a vintage red polka dotted dress.

She says SO ONE OF THE MOST COMMON
QUESTIONS I GET FROM KIDS
IS "WHEN DO I OPEN
A BANK ACCOUNT?"
WELL,
THERE'S NO RIGHT ANSWER.
IF YOU FEEL LIKE YOU'RE READY
FOR THAT RESPONSIBILITY,
AND YOUR PARENTS AGREE,
THEN IT MAY BE TIME FOR YOU
TO GRADUATE FROM A PIGGY BANK
TO A CHEQUING ACCOUNT.
SO WHAT DOES THAT MEAN?

A caption reads "Chequing-savings account."

Shannon says I USUALLY SUGGEST THAT
IF YOU'RE GONNA OPEN
SOME BANKING ACCOUNTS,
YOU OPEN ONE CHEQUING ACCOUNT,
WHICH IS A SPENDING ACCOUNT,
AND A SAVINGS ACCOUNT,
WHICH IS WHERE
YOU STASH YOUR MONEY AWAY.

The caption changes to "Spend your money plus save your money."

Shannon says SO THAT MEANS YOU GET TO
PRACTICE LOGGING IN ONLINE
AND IF YOU GET BIRTHDAY MONEY,
OR YOUR ALLOWANCE,
YOU GET TO PRACTICE
MOVING THAT MONEY
FROM YOUR SPENDING ACCOUNT,
OR YOUR CHEQUING ACCOUNT,
INTO YOUR SAVINGS ACCOUNT.
AND THIS WAY, YOU GET TO
PRACTICE YOUR BUDGETING ONLINE,
WHICH IS WHAT YOU'RE GONNA DO
FOR THE REST OF YOUR LIFE.

Daniel plays with two piggy banks and says THIS LITTLE PIGGY
WENT TO THE MARKET.
AND THIS LITTLE PIGGY
STAYED AT HOME.
WELL, THERE YOU HAVE IT,
TVO KIDS.
THESE LITTLE PIGGIES ARE GONNA
KEEP SAVING THEIR MONEY,
AND KEEP WATCHING
FOR MORE
TVOKIDS NEWS,
COMING UP NEXT WEEK.
OH, YOU GUYS ARE SO CUTE.
OINK, OINK, OINK.
OINK, OINK, OINK, OINK.
SO CUTE.

(UPBEAT MUSIC PLAYING)

Logo: TVO Kids News.