Financial Vocabulary
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
Name a need vs. a want
Need: Food, paying rent
Want: Buying a watch
In one word, it means "to estimate income & expenses" for things like food and rent
Budgeting
Financial support provided to Canadians during the COVID-19 pandemic
CERB
How do you say "money" in French?
L'argent
Account where money is deposited for daily transactions
Chequing account
Where do you go if you need assistance with taxes?
CAMH Tax Clinic
A term used to describe borrowing money
Loan
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)
Which coin did Canada stop producing as of 2013?
Penny
Money that is owed
Debt
If you need help managing money who might help you?
Public Guardian and Trustee (PGT)
Setting aside money until a future date instead of spending it today. The goal of this is to provide funds for emergencies.
Savings
Financial support for individuals living with disabilities in Ontario
Ontario Disability Support Program
Who is on the US $100 bill?
Benjamin Franklin
What do we call funds received after retirement?
Pension
Which month are taxes due?
April
Being unable to repay your debts
Bankrupt
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
"yen" is the currency of which country?
Japan