Banking
This is the name of the electronic transfer service that allows money to be sent between bank accounts quickly, often through email or text.
What is Interac e-Transfer?
The plan for how you will spend your money so that you can best meet your needs
What is a spending plan?
Advertisements are designed to evoke ________.
What are emotions?
This is a security measure where you use a unique combination of letters, numbers, and symbols to keep your accounts safe from unauthorized access.
What is a strong password?
This is described as things that are essential for survival.
This service, often provided by banks, lets you access your account and make financial transactions remotely, usually through a mobile app or website.
What is mobile banking?
This is the amount of money you set aside each month in order to save for future needs, like emergencies or retirement.
What is savings?
Ads use this colour to symbolize power, mystery, elegance, evil, mourning, or death.
This is the term for when someone steals your personal information, such as your social security number or bank account details, to commit fraud or other crimes.
What is identity theft?
This is described as things that people desire but are not essential
What are wants?
This is the maximum amount of money that can be withdrawn from an ATM per day, as set by your bank.
What is the ATM withdrawal limit?
This is the type of expense that remains the same each month, such as rent or mortgage payments.
What is a fixed expense?
To avoid overspending, many shoppers set a predetermined amount they are willing to pay before making a purchase.
What is setting a budget?
This is a type of scam where fraudsters send fake emails pretending to be a legitimate organization in order to steal personal information like passwords or credit card numbers.
What is email phishing?
Going away on a luxury vacation is considered a ____.
What is a want?
The two most common types of personal bank accounts.
What are chequing and savings accounts?
The budgeting strategy that puts specific amount of money in envelopes representing different spending categories.
What is envelope budget?
This is the process of looking at prices, quality, and features across different stores or brands before making a purchase.
What is comparison shopping?
This is a common sign of identity theft where you notice unfamiliar charges on your credit card or bank statements.
What is unauthorized transactions?
This skill refers to the ability to determine whether something is essential vs non essential.
What is distinguishing between needs and wants?
This bank is named after Vancouver, and is one of the most popular banks in the area.
What is Vancity?
This budgeting strategy assigns every dollar to an expense leaving yourself a balance of $0.
What is Zero-based budget?
This type of bias refers to our tendency to rely on the first piece of information we receive when making decisions.
What is anchoring bias?
Avoid ________ computers to do your online or mobile banking.
What is public computers?
We experience this need through our gustatory sense, and we buy it to nourish our bodies.
What is food?