Vocab
What does "budget" mean?
When you keep track of your money each month to buy the things you need and want.
What is another word for "job"?
Occupation or career.
That something is too expensive to buy.
You need to get some cash out of your account. You decide to go to a nearby ATM to make a withdrawal. However, when you get to the ATM, it says ‘Out of Order.’ What does that mean and what should you do?
It means the ATM is not working or broken.
Take your card back and find a new ATM or go to the bank to get money.
Buy/ Bye
To purchase. To say good-bye.
What does "income" mean?
Money you earn when you work.
How do you figure out what days you work and what days you have off?
You check your schedule and/or ask your boss.
The money that Justin got for his birthday was really burning a hole in his pocket – he saved it for just two days before spending it on a brand new jersey for his favorite football team.
What does that really mean?
Someone can't wait to spend their money, they cannot save it.
A customer asks you a question and you don't know the answer. What should you do?
Go find an employee that might know the answer. Find the manager/ boss.
Sale/ Sail
When something is discounted. Sail on a boat.
What does "deposit" and "withdraw" mean?
When you put your money into an account at the bank.
When you take money out of your account.
How do you take a day off of work?
You submit a request to have the day off and also ask your boss.
My older sister was recently given a raise at her job, and now she’s really bringing home the bacon.
What does that really mean?
Having a big paycheck, earning more money than you're use to.
You lost your debit or credit card. What should you do?
Call the bank immediately to cancel or "freeze" the card. Ask them to send you a new one. You can also do this online on your bank's website.
Cent/ Scent
money in coins and something you can smell.
What does "overdraft" mean?
When you spend more money than you have available in your account.
Example: You have $250 in your account for the month, but you spent $257 dollars this month. You overdrafted by $7.00 and are -$7.00
What is a timecard/ punch card?
We ordered a couple pizzas while at my friend’s house, so we all decided to chip in $5 to pay for them.
What does that really mean?
To help pay your share of the total. To split the cost.
You are scheduled to work on a day that you need to take off. What should you do?
Tell your boss. Submit a request to have the time off. Try to switch shifts with someone you work with.
Sum/ Some
Adding something together and getting the total. Needing only a few of something.
Money you owe to the bank or to someone. Debt is something you always need to pay back.
If you get paid bi-monthly, how many times a month is that?
a.) 1 time a month b.) 2 times a month c.) every other month
b.) 2 times a month.
My group was having trouble coming up with a topic for our project, so I decided to give my two cents and help them pick.
What does that really mean?
To tell your thoughts, ideas, or opinion on something.
You notice your paycheck has $200 more dollars on it than usual and this doesn't seem right. What should you do?
Loan/ Lone
An amount of money you can borrow from a bank. You are alone.