Checking
True or False: Overdraft Protection means you have opted into a program that guarantees you will never pay overdraft fees
What is False?
What is True?
The basic budgeting rule we used in this class
What is the 50-20-30 rule?
The name of the show we watched where celebrities showed us how they spent money
What is My First Million?
What is The Life of a Showgirl?
Many employers offer this, which electronically transfers your paycheck directly into your bank account
What is direct deposit?
True or False: Buying something on sale always means you're saving money
What is False?
When budgeting, you are prioritizing your _____ and ______
What are needs and wants?
This document shows all the transactions in your account and is typically sent to you once a month
What is a bank statement?
The Detroit Tigers beat this team in the first round of the playoffs
Cleveland Guardians
When writing a check, where do you sign it
What is the bottom right?
Describe the difference between saving and investing
Saving: Short term, safe, for something specific
Investing: Long term, risky, to make a profit
When budgeting, you need to prioritize this/these first
What is Living Expenses (Needs)?
This type of bank account is typically known as a transactional account
What is a checking account?
This artist was just announced as the halftime performer of the Super Bowl
Who is Bad Bunny?
You are likely to be charge a fee if you withdraw money from an ATM that is this
What is out of network?
It is recommended to keep how many months worth of living expenses in your emergency fund
What is 3-6 months?
An expense that stays the same (dollar amount) every month is known as a
What is a fixed expense?
This government agency is responsible for insuring the money you keep in the bank
How much money do they insure?
What is the FDIC?
What is $250,000 per account?
This U.S. carmaker announced in 2025 it would stop making all gas-powered vehicles by 2030
Who is General Motors (GM)?
This is the formula used to calculate the new balance on the bank statement (include all parts)
What is Previous Balance + Deposit - Withdrawal
Describe the pay yourself first savings strategy
What is prioritizing saving money before spending?
You should put some money in this budget category for unplanned expenses
What is Miscellaneous Expense?
Name the three finance classes offered at Groves
What are Accounting, Building Wealth, and Financial Management?
This state recently became the first state to pass an AI safety law
What is California?