Bills
This bill is the second most withdrawed bank note when using ATM's. This bill contains a picture of the Peace Tower in the Parliament buildings.
50$ Bill
Sometimes people may find it easier and more manageable to combine all their loans into one. This is called:
Consolidation
Name 2 ways a person can use a bank.
What is Saving, borrowing, paying bill or managing money
The United States uses this instead of a Loonie.
What is a $1 U.S Bill.
What are some good things about credit cards?
a) They establish credit.
b) You can earn rewards or points with some cards.
c) If you pay off your balance in full every month, you don’t have to pay any interest.
This Purple coloured bill has John A. Macdonald's face on it and made by Bruce Stewart; started from 2001.
What is a $10 Dollar Bill.
Is a way to track your income and expenses?
Budget
Samantha is saving up for a down payment on a pre-owned car, the cost will roughly be $2,000. which kind of account would be best for her to open?
What is a savings account?
This special coin appears to have been in use since the first of minted coinage. Nowadays, people tend to not care about this small Red Coin.
What is a Penny.
If you went to college and earned a 4-year degree, you would make this much MORE money than you could expect with only a high school diploma?
About 70% more.
This piece of paper is coloured Green and the most common used.
$20 Bill
The interest rate charged on the balance of a credit card
What is and APR (annual percentage rate)
The word Tariff is another meaning for _______.
What is Tax.
This coin sends a great image of a boat figure.
What is a Dime.
Everything you have that has monetary (money) value plus any money owed to you.
Assets
This bank note is the highest valued cost than all the others; some shops and companies don't accept this because of counterfeit.
What is a $100 Dollar Bill.
A cheque the bank refuses to cash or pay because you don’t have enough money in your account to cover it.
A bounced cheque
What is the difference between a check and a money order?
A check gets the money out of an account the money order has to have all the money up front?
This coin has a picture of a beaver
What is a nickel
The amount of income you have left after all the taxes and other deductions are taken off.
Your net pay
This following bill is the least valued amount of dollars produced in Canada.
What is a $5 Dollar Bill.
If you write a cheque for more money than what is in your account the bank will cover it.
Overdraft protection
Recently Steve has come into some money and instead of carrying it around she decides to open an account just for random spending, which account should she open
What is a checking account?
This coin can be stacked 4 times to make a whole Dollar.
What is a quarter
Paid a fixed amount per pay period
Salary