Financial Literacy Lesson 1- Banking Bingo

Question 1

Susan is going to college and needs to be able to access her money to see what she spends.

Accepted Answer

online banking

Question 2

Janet inherited a valuable necklace and nees a safe place to keep it when she isn't wearing it

Accepted Answer

Safe deposit box

Question 3

You received $100 for your birthday. You want to buy a car one day and want to earn interest.

Accepted Answer

savings account

Question 4

Regina wants to buy lunch for her friends but doesn't have any cash.

Accepted Answer

debit card/credit card

Question 5

Carlos owes $15 to his Grandma and wants to pay her back and mail it to her. What can he use?

Accepted Answer

checking account

Question 6

Ruby's home needs a kitchen makeover. She needs to borrow money but needs a few years to pay.

Accepted Answer

personal loan

Question 7

Liam wants cash from his bank, but it is closed. He is going to use an ATM.

Accepted Answer

debit card

Question 8

Max almost saved enough money for a car, but needs to borrow the rest.

Accepted Answer

personal loan

Question 9

Isabelle received a $50 savings bond. She needs a place to keep it.

Accepted Answer

safe deposit box

Question 10

You want to verify your account balance from home via the internet.

Accepted Answer

checking account, savings account, online banking

Question 11

Tyler works part time. He wants to save money for college.

Accepted Answer

savings account

Question 12

You want new clothes. You visit several stores and do not want to carry cash or checks.

Accepted Answer

credit card

Questions 12