Money Basics
This word means anything related to money.
What is Financial
A card you use to buy now and pay later.
What is a credit card?
If you want to buy something at a yard sale, you need this.
What is Cash?
Tax collected by the Government of Canada on goods like furniture or clothes.
What is GST?
A pack of 3 notebooks costs $12. How much does one notebook cost?
What is $4.
Income is money earned by working or by having these.
What is Investments
A card you use at a bank machine to get cash.
What is a Debit Card?
If you return something and get store credit, what are you allowed to do with it?
What is buying another item of the same value?
True or False: Every province in Canada has the exact same sales tax.
What is False.
A video game costs $59.99. With 13% tax, what is the total amount you’ll pay?
A plan for how to make and spend money.
What is a budget?
To get a debit card, you must have this kind of account.
What is a chequing account?
When customers join these, they earn rewards or special deals.
What are Loyalty Programs?
If a family wants to buy a house, what kind of long-term loan would they probably need from the bank?
What is a mortgage?
A person saves $25 every week for 8 weeks. How much money will they have saved?
What is $200?
Any exchange of money — buying, selling, depositing, or withdrawing — is called this.
What is a transaction?
Sending money online from one account to another.
What is an e-transfer?
If someone borrows money and hasn’t paid it back yet, what do they have?
What is Debt?
True or false: Taxes help pay for things like roads, schools, and hospitals.
What is True.
A teenager earns $60, then spends $18.95 on books and $4.45 on snacks. About how much money is left over?
What is 36.60.
Money earned for saving in a bank account is called this.
What is interest?
Paying with your phone uses this digital tool.
What is an e-wallet?
When you finish eating at a restaurant, what extra amount might you leave to thank the server?
What is a tip.
If an item is marked “tax-free,” what does that mean?
What is you don't need to pay extra tax on the item.
A student raises money by walking. If they earn $19 for every kilometre and walk 22 km, how much do they make altogether?
What is $418?