savings account
Credit v. debit
Vocabulary
Tax/withholdings
Budgeting
100

What is it called when you put money in your savings account 

What is saving 

100

Helps people complete transactions with their money safely, quickly, and conveniently.can be done electronically.

What is Mobile/online banking?

100

A for profit institution that offers personal loans, mortgages and other services.

What is a bank.

100

Making a purchase based on an immediate want or due to the pressure of advertising.

What is Impulse buying?

200

A not-for-profit cooperative that offers bank services and is owned by its members.

What is a credit union?

200

A not-for-profit cooperative that offers bank services and is owned by its members.

What is credit union.

200

Total amount of earnings made over a month before any deductions 

What is gross monthly income (GMI)

200

Plans that take a year or more to accomplish.

What is Long-term goals?

300

Money that you owe.

What is debt

300

A business thet provides money-related services.

what is Financial institution.

300

Plans that can be accomplished months to a year.

What is Short-term goals?

400

Annual fees may apply

What is credit

400

A fee received or paid for the use of money.

What is Interest

400

A yearly fee

What is annual fee

400

Goods or services that make people more comfortable or content but which are not necessary for survival.

What is wants?

500

Monthly maintenance and overdraft fees may apply 

What is debit

500

A wireless service that allows financial transactions by using an app or Web browser from a mobile device.

 What is Mobile banking

500

Goods or services that people cannot survive without, such as water, food, shelter, and clothing.

What is needs?