Financial Literacy
A fancy word for banks and credit unions
Financial institutions
To put money in your account, you must fill out a ______ ticket.
Deposit
You must write your check with what type of writing utensil?
Pen
What type of card means you borrow money you have to pay back?
Credit card
What is Miss Cooper's first name?
Rachel
To "endorse" a check means to _________ it.
Sign it
You can use this type of machine to withdraw money from your account.
What type of card draws money from your checking account?
Debit card
What type of payment is the easiest to use and is accepted anywhere?
Cash
How many siblings does Miss Cooper have?
3
To put money IN a bank account.
Deposit
A savings account actually pays you a percentage of your balance. This is called _______.
Interest
What is a transaction register?
Where you record your spending
What type of payment is written out and signed?
Check
Name one person in Miss Cooper's family
Various
To take money OUT of a bank account.
Withdraw
The amount of money in your account is called the _______.
Balance.
What happens if you write a check for more money than you have in your account?
Overdraft or bounced check
What type of payment can be done on your phone?
Electronic payment
What grades can Miss Cooper teach?
4-8
A paycheck is given to you by your ________.
Employer/job
What does "less cash received" mean?
Subtract the cash you want back from a deposit.
Why do you have to write the amount of the check 2 different ways?
To make sure it's correct and to prevent fraud.
What type of payment might your job give you to pay for gas?
Pre-paid card
Spell your Miss Cooper's new last name
F-E-R-E-N-C-Z-Y