Financial Vocabulary
FUNDamentals
Spending
Financial Aid
Fun Facts
100

This card is provided to you when you open an account. It allows you to access your accounts at your bank, at an ATM or store, or through online banking. 

Debit Card 

100

Name a need vs. a want 

Need: Food, paying rent 

Want: Buying a watch

100

In one word, it means "to estimate income & expenses" for things like food and rent 

Budgeting 

100

Financial support provided to Canadians during the COVID-19 pandemic

CERB

100

How do you say "money" in French? 

L'argent 

200

Account where money is deposited for daily transactions 

Chequing account 

200

Where do you go if you need assistance with taxes? 

CAMH Tax Clinic 

200

A term used to describe borrowing money 

Loan 

200

A way to apply for financial and employment assistance if you don’t have enough money for things like food and housing, or if you have a disability and are in financial need

Ontario Works (OW)

200

Which coin did Canada stop producing as of 2013? 

Penny 

300

Money that is owed 

Debt 

300

If you need help managing money who might help you?

Public Guardian and Trustee (PGT) 

300

Setting aside money until a future date instead of spending it today. The goal of this is to provide funds for emergencies.

Savings

300

Financial support for individuals living with disabilities in Ontario

Ontario Disability Support Program 

300

Who is on the US $100 bill? 

Benjamin Franklin 

400

What do we call funds received after retirement? 

Pension 

400

Which month are taxes due? 

April 

400

Being unable to repay your debts 

Bankrupt 

400

A pension provided by the Canadian government at age 65 to people who have lived in Canada for at least 10 years after the age of 18.

Old Age Security 

400

"yen" is the currency of which country? 

Japan 

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