Currency
Most countries have a unique version of this to use to purchase items and services.
currency
$17.20 per hour is the _______ _____ for Ontario.
minimum wage
This type of card creates instant dept.
Credit card
When you put your money in stocks/mutual funds or GICs/bonds etc. you are saving and
I _ _ _ _ _ _ _ _.
Investing
This loan is used to help you buy a house!
a mortgage
This neighbouring countries currency almost always has a higher value than ours!
America! USA!
Money paid to the various levels of government. Sometimes on income, property, and on most items and services purchased.
taxes
$25.00 at 50% off is ____.
$12.50
Many people put away money in savings and investments to prepare for this time in life where they will not be working.
Retirement
There is a borrower and a l _ _ _ _ _. One is borrowing the money form the other.
lender
This is the name of the currency used in the UK (Britain, Ireland, and Scotland)
The pound
This sales tax is 13%.
Harmonized Sales Tax or HST
Some companies/stores and shopping sites offer discounts and points to ensure customer L _ _ _ _ _ _
Loyalty
A network where individuals and institutions from which you can buy and sell shares of publicly traded companies.
Stock market
Many car dealerships offer loans at this rate to get more customers!
0%
10 dollars
A fixed regular payment, typically paid on a monthly or biweekly. (begins with an S)
Salary
Prices of eggs have increased by 30% from $5.00 to _____.
$6.50
The percentage of a loan that is charged as extra to the borrower.
Interest rate
You can borrow against your home's equity when your house has gone up in v _ _ _ _.
value
When travelling, you need to take this into consideration to understand how much your money will be worth in another country.
(hint the E _ _ _ _ _ _ _ r_ _ _)
the Exchange rate
This is an estimate of income and expenditure for a set period of time. You will make one of these to ensure you bring enough money in to pay for your expenses.
a budget
You can buy that TV for $500 or 6 easy payments of $97.50. With the payment plan, you will end up paying this much more.
Bonds are an investment into your own g _ _ _ _ _ _ _ _ _.
government
This is the term for when you cannot pay your loan.
You d _ _ _ _ _ _
default