Percents &Sales Tax
What is 10% of $20?
.1 x 20 = $2
What do you use to take money out of your checking account?
Debit card OR Check
What does a credit card let you do?
Borrow money / pay later
What is a budget?
A plan for how you spend your money
What is online banking?
Checking money, paying bills on the internet
If something costs $15 and tax is 5%, what's the total price?
15.75
What is it called when you put money into your account?
Deposit
What happens if you don't pay your credit card bill on time?
If you get $50 and save $10, what percent did you save?
20%
What does direct deposit mean?
Paycheck goes directly into your bank checking account
You get 25% off a $20 shirt- how much money do you save?
$5
What do you call the list of all your spending and deposits on your bank statements?
What is a credit score used for?
To show how responsible you are with money
What is one example of something you need to pay for each month?
Rent, food, or electricity
If you get a strange text, call or email asking for any personal information or login information, what should you do?
Do not reply and report to bank if appropriate
You earn $200 and save 20%- how much do you save?
$40
What happens if you spend more money than you have in your account?
Overdraft (owe money)
What's one thing that can help your credit score?
Paying bills on time... or other ans. accepted
What is one example of something you want but don't need?
Extras: entertainment, eating out, clothes, games, etc.
Why is it important to check your bank account often?
To make sure nobody is stealing or overcharging anything onto your account
A toy costs $30 and it's on sale for 10% - what's the sale price?
$27
What do you need to use online banking safely?
A username and password
What's something that can hurt your credit score?
Missing payments or using too much credit
You earn $300 and spend $250, how much do you have left?
$50
If you lose your debit card, what should you do?
Call your bank right away