Banking Basics
What do banks pay customers for keeping money in certain accounts?
Interest
What practice involves comparing prices at different stores before buying?
Comparison Shopping
What is money paid regularly to an employee called?
Wages / Salary
What is the extra amount called that someone must pay for borrowing money?
Interest
What written plan helps people decide how to spend and save money?
Budget
What account is usually used for everyday spending and debit card purchases?
Checking Account
What is the amount deducted from a price during a sale called?
Discount
What skill increases a person's chances of earning more money?
Education
What do many people use to make purchases that is actually a form of borring money?
Credit Card
What is a specific financial target you plan to reach?
Goal
What machine allows customers to withdraw cash without visiting a bank teller?
ATM
What information helps buyers learn about others' experiences with a product?
Reviews
What should a person fill out if they are interested in applying for a job?
Job Application
What happens when a borrower does not make a payment on time?
They get a late fee
What habit involves setting aside money regularly for future use?
Saving
What is the process of putting money into an account called?
Deposit
What is an unplanned purchase made because something looks appealing?
Impulse Buy
What document shows how much money an employee earned and deductions taken out?
Pay Stub
What helps lenders decide whether to approve loans?
The borrower's credit score
What is a common tool used to track income and expenses?
Spreadsheet
What is the process of taking money out of an account?
Withdrawal
What do stores often provide to lower the purchase price of an item?
Coupon
What document summarizes a person's skills and experience?
Resume
What happens to debt when payments are missed repeatedly?
The debt grows
What should be prioritized before spending money on entertainment?
Needs / Essential Expenses