Striving for a financial health

1

100

1. This is the account you should use for your day to day expenses.

Checking Account

200

1. Your paycheck goes directly into your bank account

Direct Deposit

300

In finance, it refers to the original sum of money borrowed or invested, excluding any interest or dividends.

principal

400

1. FDIC insurance covers your deposits up to this dollar amount

$250,000

500

one of a series of regular payments that you make until you have paid all the money you owe.

installment

2

100

These are 3 types of financial institutions- What are banks and credit unions?

Banks, Credit Unions, and Digital

200

A savings type of account that locks in your interest rate

Certificate of Deposit

300

You should take this with you to the bank to open a bank account

Two types of ID

400

You should do this to make sure there is no fraud on your accounts

Examine your statements/monitor you accounts

500

This provides financial protection in the event of loss

Insurance

3

100

What is a budget?

A comprehensive plan that outlines an individual's or household's income, expenses, and savings.

200

What is a credit card?

A financial tool issued by banks that allows users to borrow funds to make purchases, repayable with interest.

300

What is a checking account?

This type of account is typically used for daily transactions and does not usually earn interest.

400

What is a balance?

A balance refers to the amount of money remaining in an account after all deposits, withdrawals, and transactions have been accounted for.

500

What is an emergency fund?

This financial concept involves setting aside a portion of income regularly to ensure financial stability during emergencies.

4

100

敦促某人做某事

urge sb. to do sth.

200

受......损害；遭受

suffer from

300

对......失去兴趣

lose interest in sth.

400

不可能的；不允许的

out of the question

500

有权利获得某物；有资格做某事

be/feel entitled to (do) sth.

5

100

emotionally / financially / felt / crippled / and / bankrupt / I

I felt emotionally crippled and financially bankrupt!

200

entitled / my / college / share /  I / felt / a / to / as / student

As a college student, I felt entitled to my share.

300

manufacture / offers / why / would / excuses / for / I / said / I / always / to / no / their

I would manufacture excuses for why I always said no to their offers.

400

literacy / managing / understanding / various / financial / involves / basic / to / money / related / concepts

Financial literacy involves understanding various basic concepts related to managing money.

500

 gift/ mom's / quickly/ out/ reached/ I / to / claim/ voice / my / filtered/ my / as / voice / was

My mom's voice was quickly filtered out as I reached out to claim my gift.