It's Ariannita la Gringa

and welcome back to my YouTube channel.

In today's video, I will teach all of you about money.

And what is money?

Money is what people use to buy things or services.

For example, you can use money to buy clothes,

you can use money to buy food,

or many more things.

Money comes in different forms.

For example, I am holding cash in my hand.

This is cash and cash is the physical form of money.

This is cash.

Cash is basically bills or coins.

I have some coins in my pocket.

These are coins.

Both of these are different types of cash (bills and coins).

And how do you get some more cash or a physical form of money?

Well, of course, money doesn't grow on trees,

but you can take out cash from the ATM.

There's an ATM over there behind me

and that stands for automated teller machine.

This is an ATM machine.

It's a machine that lets you take out money or cash

from your bank account and that's called withdraw

so you can withdraw money from the ATM.

ATM stands for automated teller machine.

If you have physical cash you can put in money in the ATM

or if you want to withdraw money

you can take out money or have a physical copy of cash.

And you can find ATM machines outside your bank

like right here or you can also find it inside the bank,

inside shopping malls, stores or even restaurants.

Now, what is a bank?

Well, there's a bank right behind me it's called Fifth Third Bank

and there's another one to my right it's called US Bank.

A bank is a safe place where people can keep their money

and you can borrow money from the bank

or you can ask the bank to lend you money.

I don't have a bank account with US Bank,

but I do have a bank account with Bank of America

so I'm going to head over to the ATM

the automated teller machine and withdraw some money

come along with me!

I'm about to walk over there to my bank

called Bank of America, but in this area they have over five banks.

They have Bank of America,

Chase,

Fifth Third,

US Bank, and Huntington.

That's a lot of banks to be in this small area.

There's almost 5,000 banks in America

and behind me this is Chase Bank.

It is one of the most common banks with over 80 million customers.

Go ahead and let me know down below

what is the most common bank in your country.

Talking about money,

what's your favorite way to spend it?

I enjoy spending my money on new activities

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Let's get back to the video!

I just got to my bank, Bank of America,

and in order for me to be part of the bank

I need to have a bank account

and that's a safe place where I can keep my money in the bank.

So you can have two different accounts.

You can have a checking account or a savings account.

Now, I'm going to walk inside the bank

and check out the ATM because I want to withdraw some money

and show you guys the different bills we use in America.

And in order to enter the bank

you need to be a client.

You can't just open up the door.

No...

This door is locked.

There's a code right here to enter

so in order to enter the bank I need to have a debit card

or I can just use Apple pay (my debit card on my phone).

I have my debit card on my phone

so I can just scan it right here and walk inside.

Now I'm going to withdraw money from the ATM

from the automated teller machine.

And that just means I'm going to take out money from my bank account.

So in order to take out money from your bank account

you need a debit card or I can use the one on my phone.

So now I'm going to scan it right here.

Now it says enter your PIN so I'm going to enter my pin.

And now the screen says get cash, make deposit,

check balance, or view more.

So the ATM has different functions.

You can deposit money if you have physical cash

and that cash will go into your bank account

or you can withdraw money

or take money out of your bank account.

I personally want to get cash

because I want to withdraw money from my bank account.

Now the screen says, "How much cash do you want?".

You can get $20, $40, $60, or up to $300.

I am going to take out $200 from my bank account

because I wanna show you guys the different bills.

Now the screen says, "How would you like your $200?".

You can have it in tens, twenties, or hundreds.

Now it says take your cash.

Now that I have some cash I can put it in my back pocket,

but I don't want to do that because I'm in a city

and I wouldn't want anyone stealing that money from me

so I can put it in my purse.

This is a purse or I can put the cash in my wallet.

These are both safe places to put my money.

I just took out some money from the ATM.

This is cash.

It's physical money.

I wanna show you guys the different types of bills

we use in the United States.

Let's start off with the first bill.

This is the $1 bill.

You can call it a single or a buck.

Now the next bill is not very common.

It's very hard to find and sometimes banks won't even have it.

This is the $2 bill.

This is $2.

The next bill is this one.

This is a $5 bill and most bills have presidents on them.

This is Abraham Lincoln.

The next bill is this one.

This is a $10 bill and as I said before,

most bills have a president on them

but this is Alexander Hamilton

and he was never president nor did he ever run for president.

He was one of the founding fathers of the United States.

So far I have shown you the $1 bill

or you can call it a buck,

the $2 bill, $5 bill, and $10 bill.

I have $18 or you can say 18 bucks (18 bucks).

And what does 'buck' mean?

Well, that is slang for dollar.

That is just $1.

This is the next bill.

This is a $20 bill and this is Andrew Jackson.

He's on the $20 bill.

You can say 20 bucks or 20 dollars.

The next bill is a $50 bill

and he was the 18th President of the United States.

His name is Ulysses S. Grant.

And the last bill and the most common bill in the U.S.

is the $100 bill.

And this has Benjamin Franklin on it.

He was a scientist, he discovered electricity,

and he was one of the founding fathers of the United States,

but he was never president.

This is one of the most common bills in the U.S. so people use this a lot.

And one of the least common bills is the $2 bill.

The most circulated bill or the most common bill in the U.S.

is the $100 bill.

The least common bill is this one.

This is the $2 bill

and it's one of the least common because it stopped printing in  1966

for around 10 years

so that's why it's one of the least common bills in the U.S.

Another form of cash or physical money is coins.

These are coins and let's start off with the first one.

This is 1 cent or you can call it a penny (penny).

This is 5 cents or you can call it a nickel (nickel).

And it's called a nickel because it's made of 25% nickel.

The next coin is this one.

This is 10 cents or it's a dime (dime).

And lastly, this is 25 cents.

It's called a quarter (quarter).

Four quarters makes $1

and 100 pennies makes $1 too.

Now, what happens if you travel across the world

and you're in a country and you want to pay with a $1 bill.

Can you use it?

Well some countries might accept the US dollar,

but some of them won't

so you'll have to use their type of currency.

To give you some examples of different types of currencies

I have different types of currencies or cash in my hand.

This is 50 pesos.

Pesos is the currency they use in Mexico.

And this is the equivalent to $3.

50 pesos is $3.

So I'll keep this bill in my piggy bank

just in case if I travel in Mexico so I can use it in person.

This bill is from Argentina.

This is 1,000 pesos so this is equivalent to $1.

And if I want to go to Argentina

and if I want to spend money there I will need to use this bill.

This is 20,000 pesos, but this bill is from Colombia.

It's not from Mexico nor Argentina.

In the United States, we use the dollar.

And in Canada, they use the dollar as well, but they use the Canadian dollar.

And in Latin America, it's kind of similar.

So they use pesos.

This is from Argentina,

this is from Colombia,

and this is Mexico.

So Americans and Canadians use the dollar

whereas some parts of Latin America they use pesos.

In some parts of Europe, they use the euro.

This is 10 EUR but in some countries in Europe,

they do not use the euro

like for example in Poland they use Złoty.

This is 100 Złoty.

In some parts of the world,

the currency may change over time because of inflation.

For example, this is 100 bolivares

and this bill is from Venezuela.

If I go to Venezuela right now and I try to pay for something

they will not accept this bill.

So this bill has no value,

but this bill does have value in antique shops

and I can collect it for the future.

And the last bill I have is this one.

A lot of my subscribers come from this country.

Can you tell me down below in the comments

where this bill is from and what it's called?

If you have a lot of money you may be rich or wealthy,

but if you don't have any money you may be broke or poor.

After earning money you may need something to do with it.

You may need to spend it.

So how do you spend money?

Well, you can save your money in a piggy bank

or you can spend it on something.

Right now, I'm going to spend some money

on an ice cream cone.

Come along with me and let's spend some money

at Graeters, the ice cream shop!

What are some ways I can pay for my ice cream?