Credit and Debit
Credit cards are used to _______ money from the bank.
What is borrow?
I need to do this to my paycheck so that I have enough money to pay rent in my account.
What is deposit?
This is what a budget is.
American money notation puts the dollar sign on this side of the numbers.
What is the left?
The name of Ms. Robinson's BFF from the finance videos.
Who is Jen?
If you don't pay off your whole balance every month, you'll have to pay this.
What is bad interest/APR?
Banks offer different rates of this to convince you to use their savings accounts.
What is good interest/APY?
These are the two categories of things that we talked about budgeting for.
What are wants and needs?
We always round to this place value for money numbers.
What is the hundredths place?
This is how long Ms. Robinson accepts late work past the due date.
Debit cards don't let you spend more than you have, since they are connected to your ________ account.
What is checking?
Savings accounts are good for these kinds of goals.
What are long-term goals?
In the Jellybean Game (and real life!), this is a category that saved you money in case of accidents.
What is insurance?
There have to be exactly ____ numbers after the decimal in money notation.
What is 2?
This is what SMART stands for in SMART goal.
What is Specific, Measurable, Achievable, Relevant, and Timely?
This is what we call the amount of money the bank lends you on your credit card.
What is credit limit?
One big difference between checking and savings is that checking accounts give you _______ access to your money, which savings accounts don't.
What is immediate?
Spending money on your wants can improve this for you.
What is quality of life?
You will almost never use this money symbol for American money notation.
What is the cents symbol?
This is the name of the holiday Ms. Robinson was out for this week.
What is Rosh Hashanah?
What is to show how likely you are to pay your debts?
Some bank accounts require you to have a certain amount of money to open an account, called this.
What is a minimum balance?
Budgeting is one of the skills needed for financial literacy. What are the two other things that make up financial literacy?
What are knowledge and behaviors?
Round this number and write it in money notation:
683.4783
What is $683.48?
These are the two main kinds of taxes.
What are sales and income?