Methods of Payment
A plastic card used to buy goods or services where money is taken directly from your bank account.
Debit Card
What word describes using money to buy goods or services?
Spend
What word describes the act of receiving money for something that you did?
Earn
You buy a PS5. What are you doing with your money?
Spending
What "need" did Ms. Camardo save lots of money on?
Phone Bill
A plastic card used to buy goods or services where the credit company will pay first, then you pay the company back later.
Credit Card
What word describes giving money to help others?
Donate
What word describes the act of keeping the money you have over a period of time so you can use it later?
Save
Grandma gives you $20 for your birthday and you leave it in your piggy bank. What are you doing with your money?
Saving
What bank did Ms. Camardo work at?
TD
Coins and bills used to pay for goods and services.
Cash
What word describes the act of putting money into something so that you will hopefully gain more money?
Invest
What tool helps us manage our money?
A Budget
The neighbour gives you $10 for petsitting her cat. What is this called?
Earning
What word did Ms. Camardo use to describe the type of person you should be with your finances?
Responsible
Electronic transfer of money online from one bank account to another.
E-Transfer
When we over-spend or live beyond our means, we may accumulate this.
Debt
When our income is greater or equal to our expenses, our budget is what?
Balanced
You borrowed some money from your friend and you need to pay her back, but you won't see her for a month. What method of payment would you use?
E-Transfer
Finish Ms. Camardo's famous sentence: "Save that money _________!"
Honey
A piece of paper that tells the bank to pay someone directly from your bank account.
Cheque
This helps us buy larger purchases and builds our credit score, but can result in financial troubles if we do not pay it back on time.
Credit
True or False: We can always decide what we want to spend our money on.
False
Your family rents the house you live in. They need to pay the landlord every month. What method of payment would you use?
Cheque
What grocery store does Ms. Camardo love but knows it is NOT a financially responsible decision to shop there.
Fortinos