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6th grade: Financial Literacy Flashcards | StudBud
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6th grade: Financial Literacy
6th grade: Financial Literacy
15 terms
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Questions
15
Answers
1
Credit, Debit, OR Both
CREDIT
DEBIT
BOTH
2
Kayla uses her debit card frequently and never writes a check. What is the best bank for her?
Transnational Bank
First City Bank
Hometown Bank
3
You are making a ____________ when you take money OUT of your bank account.
Deposit
Withdrawal
Tranfer
ATM
4
Answer the following question.
$25
$22
$15
$73
5
Answer the following question.
Canceled check
Overdraft fee
Cash back fee
ATM fee
6
What does it mean to live within your means?
Never buy anything.
Do not spend money that you do not have.
Spend ALL your money!!!
Go on a shopping spree.
7
Joe moved money from his checkings to savings account. What type of transaction did he make?
Transfer
Deposit
Withdrawal
Interest
8
Credit, Debit, OR Both?
CREDIT
BOTH
DEBIT
9
Answer the following question
Negative Balance Fee
Interest Fee
Overdraft Fee
Transaction Fee
10
A ______________ is a log that helps to keep track of all of your transactions.
Balance Sheet
Credit Card Bill
A Check
Check Register
11
What do you call someone who spends money?
Giver
Spender
Consumer
Lender
12
An overdraft fee is money you pay when you spend _______ money than you have in your account.
MORE
LESS
13
When you put money IN your bank you are making a:____________?
Deposit
Withdrawal
Transfer
ATM
14
Credit, Debit, OR Both?
BOTH
CREDIT
DEBIT
15
Answer the following question.
Check Return Fee
Overdraft Fee
Transaction
Interest
