Banking Part 1
Banking Part 2
Money Basics
Money, Money
Examples
100
Putting money INTO an account.
What is Deposit.
100
Money that you earn, usually from doing a job.
What is Income.
100
Something that is essential for life, such as food, water, shelter and clothes.
What is Need.
100

A place where you can withdraw money/cash without going to the bank.

What is ATM.

100
Give me 2 examples of a WANT.
What is - Mrs. Ambrosius will decide if answers are correct. Any answer that improves the quality of life. Examples: Car, boat, phone, puppy, video game.
200
To move money from one account to another.
What is Transfer.
200

A plan/estimate of expected future income and expenses. A plan for how you spend your money.

What is Budget.

200
Things that are desired; may improve the quality of life.
What is Want.
200
What does ATM stand for?
What is Automated Teller Machine.
200
Give me 3 examples of Goods.
What is - Mrs. Ambrosius will decide if answers are correct. Anything that you can buy and sell. Examples: Shoes, clothes, pencil, chair, clock, whiteboard.
300

Something someone does for others and gets paid for it.

What is Service.

300
A bank account on which interest is paid.
What is Savings Account.
300
Things you buy and own.
What is Goods.
300

Card swiped that will deduct money from your checking account. 

What is Debit Card.

300

Which card is more safe and like cash and which card is risky?

What is Debit Card - safe and cash; Credit Card - risky.

400

To take money OUT of an account.

What is Withdrawal.

400
Secure websites that allow you to check accounts and make transactions digitally.
What is Online Banking.
400
Money you put away to use later.
What is Savings.
400

A 4 digit number that gives you access to cash at an ATM and allows you to do a debit card transaction without a signature. Security on a debit card.

What is Personal Identification Number (PIN).

400
Name 3 services.
What is - Mrs. Ambrosius will decide if answers are correct. Something someone does for others and gets paid for it. Examples: Firefighter, daycare, babysitter, police officer, cashier.
500
To balance an account. To add up the two sides (+ and -) to determine how much money is in the account at that time.
What is Reconcile.
500

Type of account that allows for transfers, withdrawals and deposits. This is the bank account where you spend money.

What is Checking Account.

500

This money is added to your savings account by the bank. 

What is Interest.

500
Actually a loan, allows you to buy now and pay later, but you have to pay interest and fees.
What is Credit Card.
500
Name 3 different ways/places you can save money.
What is 1. Savings Account 2. Piggy Bank 3. Cash Box - Other answers Mrs. Ambrosius will decide if correct.
M
e
n
u