Money Matters Lesson 7

Debt

100

money you owe

What is debt

200

student loans

What is good debt

300

car loan

What is good debt

400

spending $1000 at starbucks but only get paid $100

What is bad debt

500

spending $20 on fornite when you only have $5

What is bad debt

Credit

100

ability to borrow money

What is Credit?

200

when you pay back on time

What is a Credit score

300

it affects whether or not the bank can trust you

What is credit score

400

A charge for paying your bill late.

What is a Late Fee?

500

show that you are trustworthy

What is a credit score

Interest

100

what they charge you for borrowing money

What is interest

200

The amount of money taken out of your paycheck.

What is Deduction?

300

How many states are in United States of America

50

400

the CEO of this boys and girls club

Who is Robert Santaana

500

I am flat as a leaf, i have two eyes but i can not see what am i

What is a button

Budget

100

number one 

What is ATM - automated teller machine?

200

A non-profit organization that offers financial services.

What is a Credit Union?

300

The name of the federal agency that insures bank accounts.

What is FDIC - federal deposit insurance corporation?

400

The stealing of your personal information to commit crimes.

What is Identity Theft?

500

This is needed for transactions that identifies your personal number to get into an account.

What is PIN - personal identification number?

Spending

100

A list of planned expenses and income.

What is a Budget?

200

Buying a brand new video game

What is Spending?

300

How old is Ms. Karina 

20

400

What lesson are we on in Money Matters

Lesson 7

500

What elementary school did Ms. Karina and Mr. Joseph go to

Esqueda Elementary School