Methods of Payment
___ is money in the physical form of currency, such as coins and bills.
Cash
You go to McDonald's, you buy a burger for $6 and a drink for $2. What is the total amount you spent?
$8
You bought a sandwich that cost $5, you gave the cashier $10. What amount of change will you receive.
$5
True or False: A car is a good investment.
False
___ means to put money away to use in the future.
Saving
A ___ is a document that orders a bank to pay a large amount from your bank account to someone else's.
Cheque
You are at the school book fair. You buy a book for $23 and a crayon set for $4. What is the total amount you spent?
$27
A coffee costs $7 and a muffin costs $6. You pay $20. How much change would you get back?
$7
___ means to grow in value. The opposite is ___, which means to shrink in value.
Appreciation, Depreciation
___ is giving a gift for charity, humanitarian aid, or to help a cause.
Donating
A ___ is a plastic card that you can use to pay for purchases. A ___ is a plastic card issued that allows you to get funds to pay for things.
Debit Card, Credit Card
Kailey buys a new hockey stick for $55. She also buys a pack of five hockey pucks for $20. What is the total amount Kailey spent?
$75
A pair of roller skates costs $82. You pay $100. How much change would you get back?
$18
___ is a piece of a company you can buy. It's value can increase and decrease depending on how well the company is doing.
Stock
Financial goals are set in 3 time frames. What are the 3 main types of time frames?
Immediate, Short-term, Long-term
An ___ is a banking service that allows you to send/receive funds using email.
E-transfer
Matty buys a new backpack for $35. He also buys a lunch bag for $15 and a water bottle for $10. What is the total amount Matty spent?
$60
Tickets to a movie cost $14 and a large popcorn costs $12. You pay $50. How much change would you get back?
$24
Public stocks are traded in the ___ ___.
Stock Market
What are 2 reasons someone might donate to charity?
Ex. They are kind, Tax Credit, Help people who don't have as much...
___ is a type of digital or virtual currency. A famous example of this currency is ___.
Cryptocurrency, Bitcoin
Sarah buys a camera for $110, and a jumbo chocolate bar for $9 and a cupcake for $3. What is the total amount Sarah spent?
$122
Danielle buys a pineapple for $3 and 2 watermelons for $9. She pays $50. What will her change be?
$29
What is an example of an appreciating investment, and an example of a depreciating investment?
House, Car
What are the 4 main categories of financial goals?
Earning, Saving, Investing, Donating