Accounts
This account allows you to deposit, withdraw, make purchases, and transfer your money for everyday transactions.
What is a Checking's Account?
This country uses the Yen for it's currency.
What is Japan?
Money acquired through work or investments.
What is income?
money borrowed from someone (a lender) that must be paid back sometimes with interest.
Loan
APR stands for?
Annual Percentage Rate
This account allows you to store your money and let it grow over time with interest. But doesn't give you a debit card or a checkbook.
What is a Savings Account?
This country uses the Rupee as it's currency.
What is India?
The costs of goods and services and or other things.
What is an expense?
Money that is due or owe.
APY stands for?
Annual Percentage Yield
Checkings accounts have money stored in them that you can use with your credit card. True or False?
False
This country's currency has a symbol of AUD.
What is the Australia?
What is the most common budgeting rule?
50/30/20
A record of how you've handled money and debt, including credit card accounts and other loans.
What is Credit History?
A yearly cost/fee for a service.
What is an Annual Fee?
Saving's accounts allow for you to withdraw money whenever you want without a limit. True or False.
False
This place creates the coins used in the United States of America.
What is the U.S Mint?
The budgeting rule dictates that one should spend 50% of their income on what?
Needs
This is a three-digit number from 300 to 850 to show how likely the person will pay their bills and loans on time.
What is a credit score?
A percentage of your money back when you make a purchase.
What is cashback?
You can use a debit card to check the balance in your checking and savings account at the bank. True or False?
True
This place prints the paper money used in the United States of America.
What is the Bureau of Engraving and Printing (BEP)?
The budgeting rule dictates that one should spend 20% of their income on what?
Savings / Investment Accounts
What are the five factors that influence your credit score?
Payment History, Amounts Owed, Age of Credit, Credit Mix, and New Credit
After applying for a credit card account money is granted to the account holder for spending a certain amount of money within a certain period of time.
What is a sign up bonus?