PEOPLE OVER PROFIT
What kind of place helps people save money and borrow money?
What is a credit union?
What type of account is used for everyday spending?
What is a checking account?
What is a budget?
What is a plan for your money?
What does it mean to save money?
What is putting money aside for later?
What does credit mean?
What is borrowing money?
Are the people at a credit union customers or members?
What are members?
What card do you use to spend money from a checking account?
What is a debit card?
Money you receive is called what?
What is income?
True or False: Saving money is only for adults.
What is False?
True or False: When you borrow money, you never have to pay it back.
What is False?
Who owns a credit union?
True or False: It is important to monitor your checking account regularly for fraudulent activity.
What is true?
Money you spend is called what?
What are expenses?
Name one reason to save money.
What are goals, emergencies, or future purchases?
This is a loan people use to buy a house.
What is a mortgage?
True or False: Credit unions are for-profit businesses.
What is False?
This paper or digital record shows the money going in and out of your account each month.
What is a statement?
These are things that are nice nice to have but not needed to live, like video games or fast food.
What are wants?
If you save $5 every week, what will it add up to over time?
What is $260?
What is one way to build good credit?
What is paying bills on time?
Which usually has lower fees: credit unions or banks?
What are credit unions?
What can happen if you spend more money than you have in your account?
What is: you may get fees or your balance can go negative. The credit union can close your account.
In the 50/30/20 budget, what is the 30% used for?
What is money spent on wants?
What is one benefit of starting to save money when you are young?
What is building good habits or helping money grow over time?
This is a three-digit number, usually between 300 and 850, which shows how likely you are to pay back money you borrow.
What is a credit score?