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Financial Literacy + 6th Grade Personal Financial Literacy Flashcards | StudBud
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Financial Literacy + 6th Grade Personal Financial Literacy
Financial Literacy + 6th Grade Personal Financial Literacy
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Flashcards
17 cards
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Questions
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Answers
1
Gavin's checking account balance was so low, he had to _________ money from his savings.
deposit
transfer
withdraw
steal
2
Many adults keep track of their money by logging all transactions in a __________________.
log cabin
diary
monthly statement
check register
3
______________ allow you to pay for items in installments over time.
debit cards
interest rates
credit cards
Bahama Bucks
4
Some kids work in the campus cafeteria to help pay for college. This is known as __________.
student loans
chores
work-study
detention
5
Gibby spent $80 at Chuck E. Cheese, but only had $20, so he was charged _____________.
an interest fee
an override fee
a weird giant mouse fee
an overdraft fee
6
A monetary award given to students from non-profit organizations.
Grant
Kendra Scott Gift Card
work-study
Loan
7
____________ must be paid back with interest.
scholarships
bathroom passes
debit cards
student loans
8
Which of the following is NOT a way to pay for college that we discussed?
savings
scholarships
rob the Tooth Fairy
work-study
9
Plastic card you can use to pay things but have to pay back, sometimes with interest.
Gift Card
Credit Card
Check
Debit Card
10
A job that allows students to earn money by working.
Loan
FAFSA
Work-Study
Grant
11
Which one must be paid back later?
grant
student loan
scholarship
work-study
12
Thanks to his black belt in karate and unique talent for the banjo, Evan earned a _______ .
hug
loan
scholarship
credit score
13
Plastic card you can use for purchase (money is deducted immediately from your bank account.)
Gift Card
Flex Card
Credit Card
Debit Card
14
You should always be aware of your ____________ before spending money on something.
armpit odor
credit score
checking balance
interest rate
15
College funding awarded to students based on achievement (academic, sports, fine arts, etc.)
Savings Account
Scholarship
Loan
Grant
16
Dayton bought toilet paper with his debit card. That money gets pulled from his _____.
credit history
savings account
checking account
couch cushions
17
Linden moved $1,000,000 from savings to checking to buy Mr. Shults a gift. This is called __________
depositing funds.
withdrawing funds.
being a teacher's pet.
transferring funds.