Accounts
This account allows you to deposit, withdraw, make purchases, and transfer your money for everyday transactions.
What is a Checking's Account?
This country's currency symbol is USD.
What is the United States of America, USA, US?
This card allows you to have access to the money in your checkings account.
What is a Debit Card?
Using your money to buy something or put your money into something that you hope will increase in value over time.
What is investing?
A plan you write down to decide how you'll spend your money for a set period of time.
What is a budget?
Which of these choices are a line of credit?
A. Rent
B. Groceries
C. Auto Loan
D. Phone Bill
C: Auto Loan
This account allows you to store your money and let it grow over time with interest. But doesn't give you a debit card or a checkbook.
What is a Savings Account?
This country uses CAD for its currency symbol.
What is Canada?
This card is one a lender gives you to make purchases with the agreement that you pay back the money you spent in a month's time.
What is a Credit Card?
This is a type of investing.
A loan you give to the government or a company with the agreement you'll get your money back with interest.
What is a bond?
Needs Vs. Wants.
Which one is a need, and which one is a want?
A. iPhone 17 Pro Max Price: $1999
B. iPhone 12 Price: $196
A. Want
B. Need
Money that is due or owe.
What is a debt?
Checkings accounts have money stored in that you can use with your credit card. True or False?
False
This country's currency has a symbol of AUD.
What is the Australia?
This sets the amount you're allowed to spend on a credit card.
What is a Credit Limit?
This is a type of investing.
A piece / share of a company that you purchase.
What is a stock?
Needs Vs. Wants.
Which one is a need, and which one is a want?
A. Used Toyota Camry Price: $15,900
B. Lamborghini Price: $679,000
A. Need
B. Want
money borrowed from someone (a lender) that must be paid back sometimes with interest.
What is a Loan?
Saving's accounts allow for you to withdraw money whenever you want with no withdrawal limit. True or False?
False
This place creates the coins used in the United States of America.
What is the U.S Mint?
After you spend money on your credit card if you don't pay the money back in a month's time this is added in addition to the money you owe.
What is interest?
This is a type of investing.
Putting your money into a bank account that will grow your money over time with interest.
What is a savings account?
Money acquired through work or investments.
What is income?
A record of how you've handled money and debt, including credit card accounts and other loans.
What is Credit History?
You can use a debit card to check the balance in your checking and savings account at the bank. True or False?
True
This place prints the paper money used in the United States of America?
What is the Bureau of Engraving and Printing (BEP)?
When using a debit card money spent is directly taken from your savings account. True or False?
False.
Purchasing a piece of the company Apple would be doing what investment option?
Buying a stock / shares
The costs of goods and services and or other things.
What is an expense?
This is a three-digit number from 300 to 850 to show how likely the person will pay their bills and loans on time.
What is a credit score?