Saving & Spending
The plan that shows how much you’ll spend and save each month.
What is a budget?
Owning one tiny part of a company is called a _____.
What is a stock?
Three letters for an automatic teller where you get cash.
What is an ATM?
High-risk investments like crypto can lead to big ___ or big losses.
What are gains?
This precious yellow metal is often worn as jewelry and kept as an investment.
What is gold?
The bank’s ‘thank you’ for keeping money with them.
What is interest?
A loan to a company or the government is called a _____.
What is a bond?
The opposite of profit—when a business spends more than it earns.
What is a loss?
Keeping cash under your mattress is very safe but earns this many percent.
What is zero?
This country uses plastic bills that can survive a washing machine.
What is Canada?
his 50/30/20 rule category divides income into needs, wants, and ___.
What is savings?
The ‘Rule of 72’ estimates how long money takes to ___.
What is double?
Paying only the minimum on credit cards leads to ___.
What is debt?
The saying “Don’t put all your _____ in one basket” warns about risk.
What are eggs?
This animal means falling prices on Wall Street—opposite of the bull.
What is a bear?
The formula to calculate interest: Principal × Rate × ___.
What is time?
This “R” word is the extra money you earn from an investment.
What is return?
Plastic card that pulls money straight from your bank account.
What is a debit card?
True/False: A bond from the Canadian government is usually safer than a bond from a new video-game company.
What is True?
This animal is on the Canadian nickel, symbolizing resilience.
What is a beaver?
If something costs $10 today and $12 next year, this scary “I” word made it more expensive.
What is inflation?
The famous three-letter fund that trades like a stock and holds many companies.
What is an ETF?
This 3-digit number affects loan approvals.
What is a credit score?
Investing in only one stock is risky because of lack of ___.
What is diversification?
You pay this three-letter tax every time you buy most things in a store (Ontario).
What is HST?