Money Basics
What do we call the money a person earns from a job?
What is income.
What type of bank account is mainly used for everyday spending?
What is a checking account.
Which card takes money directly from your bank account when you use it?
What is a debit card.
What do we call a plan that helps you decide how to spend and save your money?
What is a budget.
What is the extra amount added to most purchases by the government?
What is sales tax.
What is the term for money you keep for future use instead of spending?
What is savings.
What type of bank account is used to save money and earn interest?
What is a savings account.
Which card allows you to borrow money and pay it back later?
What is a credit card.
What is the money you save specifically for unexpected expenses?
What is an emergency fund.
What do we call buying something without planning or thinking ahead?
What is impulse buying.
What do we call the cost of borrowing money from a bank or lender?
What is interest.
What machine lets you withdraw or deposit money without going inside the bank?
What is an ATM.
What do we call the three‑digit number that shows how responsible you are with borrowing money?
What is a credit score.
What type of goal is something you want to achieve soon, like within a few months?
What is a short‑term goal.
What is it called when you compare prices at different stores to find the best deal
What is comparison shopping.
What is the difference between a need and a want?
What is a need is something necessary, and a want is something extra.
What do we call the person at a bank who helps customers with their accounts?
Who is a teller.
What is the extra charge you get if you don’t pay your credit card bill on time?
What is a late fee.
What type of goal takes years to reach, like saving for college?
What is a long‑term goal.
What do we call the total amount you pay after tax and fees are added?
What is the final price.
What do we call physical money like coins and bills?
What is cash.
What do banks use to safely store customers’ money and valuables?
What is a vault.
What do we call the maximum amount of money you’re allowed to borrow on a credit card?
What is a credit limit.
What should you do before buying something expensive to make sure you can afford it?
What is check your budget or compare prices.
What do stores use to make items seem cheaper, even if the price isn’t much lower?
What is a sale or discount.