Money in the Bank
A place where you can keep your money. Think of it as a house for your money.
Bank
If you don't have the money to buy what you want you can always just take it and pay it back later, "Right?"
No
Can purchases be made online?
Yes
The holidays are here and everyone wants a gift. Would it be smart to have a holiday fund to keep track of your spending?
Yes
You don't have a million dollars. You're not rich. And, you don't come from money. Can you still live out a purposeful life?
Yes
An "account" between the "bank" and the customer used to hold your money is called.
Bank Account
True or False: It's not illegal to use counterfeit bills, "Right?"
False
True or False: A credit card is usually a small plastic card which allows people to buy items without cash.
True
True or False: A Holiday Savings Account is a type of savings account in which people make routine deposits throughout the year in order to pay for items for the holiday season.
True
True or False: With an estimated net worth of $67.9 billion, Is Walmart heiress Alice Walton considered the richest woman in the U.S.
True
Name the 2 most typical types of bank accounts for individuals.
Checking & Savings Accounts
The first U.S one-dollar bill ever printed and issued as a Legal Tender Note had which of these notable faces printed on it: Abraham Lincoln, George Washington, or Salmon P. Chase?
Salmon P. Chase (the Secretary of the Treasury who served under President Abraham Lincoln)
Which of these forms currency is a digital or virtual currency created in 2009 that can be used for instant payments: Rand or Bitcoin?
Bitcoin
In the U.S, which holiday has the most candy sales: Easter or Halloween?
Halloween
Oh yeah! Planes, Cruise Ships, Weekend Getaways - You're probably getting ready to go on a what?
Vacation
Uh Oh!!! You don't have enough money to cover your recent transaction! Watch out for this fee.
Overdraft Fee
Greenbacks
Money put into a bank account to be used for later while typically earning interest, is called what type of account?
Savings
Name 4 ways you can save for the holidays?
savings account, budget, hand me downs, look for savings, purchase LED lights, turn off items not being used, buy what you need, plan, have someone else pay, don't celebrate, etc.
A person who is worth a million dollars or more is usually called what?
A millionaire
Hey! Hey! You took out a loan and intend on paying it back but what are these extra costs and percentages called?
Interest Rates (I will accept APR or anything like it)
In the U.S, what is the most commonly counterfeited banknote / bill?
$20 bill
Name 3 things to look for in a savings account.
An official holiday in the U.S in which many stores offer highly promoted sales the day after Thanksgiving.
Black Friday
Woohoo! You just checked your bank account and you see 300 billion dollars in there. Not only that, Forbes Magazine confirms your net earnings and declares you the richest person in the world. It's 2021, now that you are on top, who was the former richest person in the world?
Elon Musk at 229 B