BE WISE!
ABOUT CARDS
TERMINOLOGY
REAL LIFE SITUATION
100

If you take money that doesn't belong to you without permission, it's called this:

What is STEALING? or THEFT?

100

I can't afford it today, but if I use this card I can buy it today, and pay for it later.

What is a CREDIT CARD?

100

This term refers to the money you owe.

What is DEBT?

100

Evan is clean out of CASH, and he needs to pay Jadon for a dog Jadon is selling him. He gets out his pen. What will he do?

What is: "Write a cheque."

200

Is it a good idea to save up your money so you can buy something?

What is YES.

200

If you have one of these from Tim Horton's, you can use it to buy things from Tim Horton's.

What is a GIFT CARD?

200

This term is used to describe the process of moving your money to pay bills, by accessing your account over the internet.

What is E-TRANSFER?

200

Rachel wants to travel to Paris for her 18th birthday. She has a goal to have enough money in a bank account, within about 8 years. What type of bank account should she open?

What is a SAVINGS ACCOUNT.

300

Which credit card would you choose?
One that charges 17% interest, or one that charges 11% interest?

What is "the one that charges 11% interest?" Because I will have less to pay later on.

300

This card can be used to shop for groceries, gas, restaurant food, or anything else in retail. It takes money out of your bank account. 

What is a DEBIT CARD?

300

This is a percentage of an amount of money borrowed. The bank charges you this when you borrow money, like for a loan, or on your credit card.

What is INTEREST?

300

Nicole bought an outdoor ringette arena for her backyard. She paid $5,000 for it, at 10% interest. After a month, how much money did she owe?

What is $5,050?

400
We use this word to describe how we earn, save, spend and share our money, responsibly.

What is "Stewardship?"

400

Some stores have these cards for their loyal customers, who can cash them in from time to time, but only at their stores.

What is a POINTS CARD?

400

Putting money into your account: __________

Taking money out of your account: _________

What are DEPOSIT and WITHDRAWAL?

400

Caleb, Landen, Everett, Ewan, and Theo agreed to go see a movie together on Friday after supper. After their families dropped them off, Landen realized he didn't have enough cash for his ticket. What's your best stewardship advice for this situation?

What is: "The rest of the guys could give Landen some cash, or lend him the money. Have a good time!"

500

Make sure nobody knows this secret number, except for you!

What is your PIN number? 

500

I lost my debit card!! What should I do?

What is "Call the bank so they freeze it." The bank will set you up right away, with a new card and PIN. 

500

In Ontario, HST stands for......

What is "Harmonized Sales Tax?"

500
Luna earned $12 an hour making artwork in her studio. After 6 hours, she collected her paycheque. She took her family out for dinner; the bill was $67.00. How much change did she get back? Do you think she would leave it for the waiter as a tip?  Show all your work on a whiteboard. 
What is: 12 x 6 = 72 dollars.      72 - 67 = 5 dollars.

Of course she left it for a tip! The service was great!

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