Show:
Saving Money
Needs or Wants
Making Money
Credit/Debit Cards
Loaning/Borrowing money
100
Putting money in "the bank" is called
A bank account
100
Gasoline
Yes, if you own a car
100
What is money given to you by your parents for free?
Allowance
100
What is a pro about credit cards?
When you don't have money on you, you can use it
100

When you loan someone money, you want the interest rate to be high or low?

High

200
Can kids get bank accounts?
Yes
200
New Yamaha yz 230 (dirt bike)
Want
200

What is a popular indoor job you could earn an allowance for?

Babysitting/cleaning

200
What is a credit card?
It is a way to pay for something later in time.
200

You are looking to borrow money from two banks. Bank A offers a 5% interest rate, Bank B offers a 3% interest rate. Which bank do you choose?

Bank B

300

Should you always set some money aside to save from each pay check and why?

Yes, for emergencies


300
McDonald's
Want... Unless you are starving
300
How old do you have to be to legally have a job?
14
300
What is a debit card?
The same thing as a credit card, except that money is taken directly out of your bank account
300

You could save your money at a Commercial Bank with an interest rate of 6% or a Credit Union with an interest rate of 4%. Which do you choose?

Commercial Bank (6%)

400
Do banks charge fees for bank accounts?
Sometimes
400
Bugatti
Want, nothin wrong with driving a Prius
400

Name some popular jobs for young adults

Working on a farm, working at a supermarket, and working at a fast food restaurant, babysitting

400
What is a con about credit cards?
You can get in debt quickly
400

Taking out a loan: 5% or 4% interest?

4%


500
Why is saving money a good idea?
College, car, or anything that pops up etc.
500
Clothes
Need, depending what you need
500
What is the maximum hours you can work per day as a minor?
8
500
What is a pro about debit cards?
You can only use the money you have, not money you don't have
500

Savings account: 5% or 4% interest?

5%

600

You have a choice between buying a boat and an airplane. They cost the same, but the boat loan will have an interest rate of 6% and the airplane loan has an interest rate of 9%. Do you fly or sail?

Sail

600

A game for my SWITCH 

want

600

Do you get all the money you earn in a pay check?

No, there are government fees or taxes

600

Do credit cards or debit cards charge you a fee?

Sometimes. There is interest in credit cards and fees in debit cards.

600

Why should you save money by putting it in a bank and not a jar at home?

The banks pay you interest