Methods of Payment
Grab Bag
Purchases
Best Deal
Budgets
100
A signed piece of paper that allows the amount of money written on it to be cashed from the bank.
What is a cheque?
100
Name two banks in Toronto.
What is:
CIBC, Scotia, BMO,
Royal, or TD Bank?
100
A shirt costs $12.50. It's now on sale by 50%. Final sale price needed.
What is $6.25?
100
8 burgers for $4.00 or 24 burgers for $10.00
What is 24 burgers for $10.00?
100
List two reasons to save money.
What is to pay for something that costs a lot, retirement, or in case of an emergency?
200
Lauren pays for her book at the bookstore. She uses a card that can only be used at that specific store.
What is a gift card?
200
Debit cards, credit cards, and cash are ways to pay for items or services. What are 3 other ways you can pay?
What is tap, cheque, crypto?
200
What HST stands for and what the HST rate is in Ontario.
What is Harmonized Sales Tax and 13%?
200
6 cupcakes for $5.00 or 4 cupcakes for $3.50
What is 6 cupcakes for $5.00?
200
1) Purchasing a new backpack for school (expense or income)
2) Getting a weekly $35 allowance for doing chores around the house (expense or income)
3) Buying Regino's pizza for $5.00 for lunch (expense or income)
1) expense
2) income
3) expense
300
A card issued by the bank that allows the person to electronically transfer money from their bank account to a store when making a purchase.
What is a Debit Card?
300
Name 2 ways to improve your financial literacy.
Start budgeting, read about finances, take a personal finance class, set financial goals
300
Suppose you have $200 dollars in a savings account earning 5% interest a year. After 1 year, how much money would you have?
What is ten dollars?
300
At Candies R Us you get a bag of candy for $6.00. At Candy! Candy! Candy! you get 20% off a $8.00 bag of candy.
What is Candies R Us?
300
Name three monthly expenses.
What are rent, food, and electricity?
400
What your credit card balance should be by the end of the month.
What is zero dollars?
400
What are three ways that we can earn money?
Answers will vary: helping parents with chores, dog walking, birthday cards, helping with yard work, garage sale, part time jobs, etc.
400
Paint is supplied in 500 ml cans for $3.75. The cost for one litre.
What is $7.50?
400
100ml bottle of juice for $3.99 or buy 1 get one free fro $5.00 off or
What is BOGO free?
400
Two things you need to consider when making a budget.
What is how much you earn each week or month, what your expenses are, or what you need vs. want
500
Pro: The person you are sending money can receive it almost immediately.
Con: If you send it to the wrong person you might not be able to get that money back.
What is etransfer?
500
You buy two items with a $10.00 bill. A candy bar for $2.25 and a magazine for $5.55. Figure out your change.
What is $2.20?
500
You buy two t-shirts for $25.00 each. There's a 15% tax. Final cost.
What is $57.50?
500
What is Deal City?
500
List two ways to save more money.
What is increase your income or spend less?