Debit & Banking
Which account is best for daily spending?
What is a Checking account?
What does credit mean?
What is borrowing the bank's money to pay back later?
What does a budget help you do?
What is track income and expenses?
Why do we save money?
What is for emergencies and goals?
What does investing do?
What is grows your money passively?
Where does a debit card pull money from?
What is your checking account?
What’s a good credit score range?
What is 720–850?
In the 50/30/20 rule, what’s the 50%?
What is Needs?
How much should you save first?
What is $500?
What is Stock?
What is a small piece of ownership in a company?
What fee happens if you spend more than you have?
What is an Overdraft fee?
What does APR stand for?
What is an Annual Percentage Rate?
What’s the 30% in the 50/30/20 rule?
What is Wants?
How many months of expenses should you save later?
What is 3–6 months?
What’s a Bond?
What is a loan to a company or government?
What’s it called when your paycheck goes straight into your account?
What is a Direct deposit?
What affects your credit score the most?
What is a Payment history?
What’s the 20% in the 50/30/20 rule?
What is Savings?
What’s a short-term saving goal?
What are trips, books, and phones?
What is Compound Interest?
What is interest on top of interest?
Name one way to avoid bank fees.
What is using your bank’s ATMs?
(or)
What is tracking your balance?
Is a lower or higher APR better?
What is Lower?
Name all of the tools mentioned earlier to track your budget.
What are Google Sheets, Excel, and your banking app?
What kind of account earns more interest than the rest?
What is a High-yield savings account?
Name both of the retirement accounts you can invest in.
What is a 401(k) and a Roth IRA?