Show:
Banking/Spending
Bank Accounts
Budgeting
100

Building you go to, to deposit/withdraw money. Place where you go to ask questions about financial matters.

What is a bank

100

An account that can be used to set aside money for future goals or unexpected expenses?

What is a savings account

100

True or False using a budget will know where to spend more & how much

True

200

Q: Which of the following is a “want” not a “need”?

a. shelter

b. medicine

c. Iphone

d. food

C

200

A type of account that allows you pay your bills and use your debit card.

What is a Checking Account

200
  • Q: Setting aside a portion of your income each month for savings.

  • A: What is saving?
300
  • Q: A card you use to spend money directly from your checking account.

  • A: What is a debit card?
300

Those nifty machines that give you money when you put in your card and your pin

What are ATM machines

300

A card people carry that allows them to purchase things now, but pay for them at a later time.  

what is a credit card

400
  • Q: A plan for how to manage your money by outlining your income and expenses.

  • A: What is a budget?
400

A piece of paper that is a written order instructing your bank to pay a specific amount of money to a specific person or place.

What is a Check?

400

What is budgeting?

(A) Having money left over at the end of the month.

(B) A plan made in advance regarding the expenditure of money based on available income.

(C) The ability to pay your bills on time. 

(D) Having enough money to go out to eat. 

(B) A plan made in advance regarding the expenditure of money based on available income.

500
  • Q: Something essential for living, such as food, water, and shelter.

  • A: What is a need?
500

A type of card that is linked to your checking account and you can use at retailers and to pay bills.

What is a Debit Card

500
  • Q: A sum of money set aside for future unexpected expenses.


  • A: What is an emergency fund?
600
  • Q: Something you desire but can live without, like toys or candy.

  • A: What is a want?
600
  • Q: Putting money into a bank account.

  • A: What is a deposit?
600

A financial plan that estimates the income and expenditures for a specific set of time.

what is a budget

700
  • Q: A card that lets you borrow money to make purchases.

  • A: What is a credit card?
700
  • Q: The act of taking money out of a bank account.

  • A: What is a withdrawal?
700
  • Q: Money you receive, such as a paycheck or allowance.

  • A: What is income?
800
  • Q: Extra money paid by the bank for keeping your money in a savings account.

  • A: What is interest?
800
  • Q: True or False: A debit card allows you to borrow money to make purchases.

  • A: False
800

 Things you want in the future, like a bike or college

What is Long-term Goals: