Checking
Savings
Paycheck
Banking
Spending
100

The amount of money put into an account.

What is deposit (or principle)?

100

A bank account that keeps a fixed amount of money for a fixed amount of time and has a maturity date

What is a CD (Certificate of Deposit)?

100
Signing your name as payee on the back of your check
What is Endorse?
100
The name of the machine into which you can insert a card and withdraw money from your account.
What is ATM - automated teller machine?
100
A list of planned expenses and income.
What is a Budget?
200
The money taken out of an account.
What is withdrawal?
200

What is 1 strategy you would use to save effectively?

Answers Vary! (What is - saving early, saving more, getting compound interest instead of simple interest, getting higher interest rate, saving frequently, saving for long-term, budgeting)

200

A portion of your income that is not subject to taxes

What is Standard Deduction?

200
A non-profit organization that offers financial services.
What is a Credit Union?
200
The amount of money that an individual or business earns.
What is Income?
300
A record of deposits, withdrawals and the balance in your account.
What is Bank Statement?
300

Fee that the bank charges if you withdraw (or spend) more money than you have in your account.

What is Overdraft Fee?

300

The amount of money the federal government takes out from your income

What is Taxes?

300
The name of the federal agency that insures bank accounts.
What is FDIC - federal deposit insurance corporation?
300
Something spent as a consumer or in a business.
What is Expense?
400
Money the bank pays you for keeping your money in an account or the money you owe on money you borrow.
What is interest?
400

The bank account that allows unlimited checks

What is a Checking Account?

400
The amount of money earned, before deductions.
What is Gross pay?
400
The stealing of your personal information to commit crimes.
What is Identity Theft?
400
Income that is not used... money set aside for future use.
What is Savings?
500
A check that is retuned to the bank because there isn't enough money in the account to cover it.
What is a Bounced Check?
500

The type of interest that people love if they earn it but despise if they have to pay it on a loan

What is compound interest?

500
"take-home" pay, or what is left after deductions are taken out of your paycheck.
What is Net Pay?
500
This is needed for transactions that identifies your personal number to get into an account.
What is PIN - personal identification number?
500
Money that is owed.
What is Debt?
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