Checking
What is a checking account?
A secure place to store money and make transactions
Name 2 common types of discounts brands use to influence your spending
1. Buy one, get one free (BOGO)
2. Percentage based
3. Loyalty rewards
Who is Sponge Bob's best friend?
Patrick
True -or- False
When you put money into a savings account you cannot touch it for up to 10 years.
False
What material money bills made from?
a. cotton & linen
b. spandex & polyester
c. paper
c. cotton & linen
What are 3 things you can do with your checking account?
1. Deposits
2. Withdrawals
3. Tracking balances.
Name 2 reasons you should hold onto your receipts.
1. Returns
2. Warranty
3. Tracking spending
What is Shrek's wife's name?
If you stopped at a store after school to grab a snack, which account should you use to make your purchase - a. checking account
b. savings account
The first money bills were created in
A. America
B. China
C. Sweden
B. China
Name 3 common payment methods accepted at stores.
•Cash
•Debit Cards
•Credit Cards
•Mobile Payments
•Peer-to-peer Apps
What are 2 important things you might find on a receipt?
1. date & time
2. items purchased & prices
3. taxes & total cost
4. payment method
In Trolls, what time is it when Poppy's watch rings?
Hug time
What do you use a savings account for?
Best for storing money long-term and earning interest.
The first credit card like payment method was issued by -
A. Pizza Hut
B. Diners Club
C. Delta Airlines
B. Diners Club
True -or- False
A debit card and a credit card work the same exact way.
False
True -or- False
To make a return you must always have a printed receipt.
What is the name of the dinosaur that Super Mario rides?
Yoshi
My sister's birthday is in 6 months. If I want to set aside money to get her a nice gift, where should I put that money -
a. Savings account
b. Checking account
a. savings account
In the US, money is made in factories known as -
A. Money mills
B. Altoids
C. Mints
C. Mints
Give me two examples of a peer-to-peer payment app.
1. Venmo
2. CashApp
Why is comparison shopping important?
It can save you money, ensure better quality, and allows you to meet personal needs.
What's the name of the cartoon series about a kid trying to catch wild creatures by trapping them in a ball?
Pokemon
Which helps your money grow faster?
A. Simple interest
B. Compound interest
B. Compound interest
Which government agency was created to stop fake money?
A. FBI
B. CIA
C. US Secret Service
C. US Secret Service