Banking
Debit Card
A card used to purchase items and have the money taken out of your checking account
Budget
A plan for using money that involves a statement of estimated income and expenses for a period of time.
What is an example of a want?
Video games, chocolate, ect.
Discount
A deduction from the usual cost of something
What coin no longer can be used?
Penny!
Who is on a $20 bill?
Queen Elizabeth
Give an example of a way you can save on groceries?
SMART Shopping, coupons, finding discount sales
A need
What is one thing you are saving for?
Anything!!
How many feet are in a mile?
5,280 feet
What are 3 different types of money?
1. Cash
2. Debit
3. Cheque
4. Credit
What is comparison shopping?
What is a strategy you can do to identify the best option before purchasing your item?
Research!
What is an example of a time you should tip?
At a restaurant (ex. sever)
How many types of iPhones are there?
10!!!
Credit Card
A card used to borrow money from a financial company in order to purchase an item
What does a SMART goal stand for?
- Specific
- Measurable
- Attainable
- Realistic
- Time-bound
What is an example of an item people often buy daily that is unnecessary?
Coffee, candy, snacks
15-20%
How many bones are in the human body?
206!
1. Scotiabank
2. CIBC
3. BMO
4. TD
5. First Nation Bank
Why is saving important?
To purchase items you desire and to save for future plans!
Joe buys a bag of chips everyday that cost $2.50. How much will Joe spend at the end of a the week?
$17.5
What should you do at the end of every month in terms of your budget?
Review and adjust either your expenses or income
How many hearts does an octopus have?
3!