Financial Literacy 1
A financial institution that accepts deposits from the public.
A Bank
What historic landmark does NOT appear on a US denomination
What is the Lincoln Memorial
Whats the abbreviation for an Automated Teller Machine?
ATM
When you take money out of your bank account.
What is a withdrawal?
What is the name of the well-known motion picture director who is a comic enthusiast who owns his own comic book store, references Marvel characters and creators in his movies, and even going so far as to name his child after the Joker's Sidekick.
Kevin Smith (His daughter is Harley Quinn Smith)
A thing that is borrowed, especially a sum of money that is expected to be paid back in interest.
True or false: Only presidents appear on USA currency.
False, While a majority are presidents, Ben Franklin was not president nor was hamilton.
What the name for a paper document issued by an employer to pay an employee for services rendered.
A paycheck
When you put money into your bank account.
What is a deposit?
These elements go in a specific order on the periodic table, the order matches their namesake planets. Name the elements in order
Uranium, Neptunium, Plutonium
A card issued by the bank that allows the holder to transfer money electronically to another account when making a purchase.
Debit Card
What is one paper money amount that is no longer made?
$500, $1000, $5000, $10,000
Johnny really wants the new Playstation 5, which costs 800.00. Johnny has $20.00 in his bank account. However, he just received a credit card with a $2,500 limit. Should Johnny use his credit card to buy a PlayStation? Why or why not?
NO! Johnny should not use his credit card because he does not have enough money in his checking account. A person should never borrow money if they do not have the same amount in their checking account.
A plan for earning and spending over a period of time.
What is a budget?
This band with songs like "1985" and "today is gonna be a great day", The theme song to "Phineas and Ferb", Riffed on a Steve Martin Sketch to get its name
Bowling for soup
I have enough money to pay the balance of my credit card, but I just pay the minimum monthly payment. Is that the best financial decision? True or False
False
Paying the minimum amount is not the best decision. A person is charged interest when their credit card balance is not at 0 by the end of the month.
Who is on the $2 bill
Thomas Jefferson
Name 3 banking institutions.
Wells Fargo, Chase, Bank of America, Discover, Ally, Capital One, etc.
A way to send money by email.
An e-transfer
This character debuted in 1967 and was sort of a less clueless Tarzan
George of the Jungle
What is an excellent credit score number?
720 or above
What woman appears on the $1 coin and why?
Susan B Anthony or Sacagewa
Who is on the $50 bill?
Who is Ulysses S. Grant
What is minimum wage in AZ?
$12.85
According to Merriam Webster the only silent 'J' in the dictionary is in what word
Marijuana--- DO NOT FORGET TO WORK ON YOUR POOR LIFE CHOICES LEADS TO POOR FINACIAL CHOICES!