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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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Flashcards
17 cards
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Questions
17
Answers
1
What is an example of a "financial institution?"
Bank
Candy Store
Clothing Store
Grocery Store
2
What is this called?
Deposit Ticket
Paycheck
Check Register
Personal Check
3
A________________ number is used when someone uses a debit card.
ATM
Cash
PIN
Money
4
A ____________________ sells goods and services.
ATM
Bank
Business
Park
5
What is this called?
Check Register
Deposit Ticket
Personal Check
Memo
6
What is this called?
Check Register
Personal Check
Deposit Ticket
Pay Stub
7
This is where you put your money to keep it safe.
Savings Account
ATM
Sock
Dresser Drawer
8
A card that you can use to take out a bank loan is called a what?
Credit Card
Gift Card
Debit Card
Prepaid Card
9
What is "the money that is deposited into an account after all deductions have been made?"
Cash Back
Subtotal
Less Checks Received
Net Deposit
10
What do you call "the money people earn for their work?"
Loan
Income
Cash Back
Checks
11
What does a "debit card" do?
It lets you borrow money
It doesn't really do anything
It lets you use your own money in times of need
It builds your credit
12
What allows people to take out money without going into the bank?
Deposit Box
Credit Card
ATM
Bank
13
What is the "current amount of money in an account" called?
Checking Account
Savings Account
Credit Card
Balance
14
What are you doing when you are taking out a "loan?"
Saving Money
Borrowing Money
Spending Money
Lending Money
15
An "account that is used to pay bills and access funds using CHECKS and DEBIT CARDS" is what?
ATM
Savings Account
Checking Account
Safe Deposit Box
16
To "endorse" means what?
To sign the back of a check
To cash a check
To sign the front of the check
To deposit a check
17
An ____________________ is a system that guides how money is earned and used in society.
ATM
Economy
Savings Account
Business
