Financial Literacy (Lessons 1-3)

A chocolate bar would be an example of a service

What kind of payment will you owe if you only pay back the minimum payment on your credit card?

What 3 things are required in order to create an electronic wallet?

I give the clerk a $5 bill to pay for a bag of chips worth $2.04 (after tax). How much change will I receive?

Which of these goods is not taxed by the Government

a golf lesson would be an example of a service

Sometimes you receive change when paying with a credit card

What are the two main things people use money to buy in society?

What is the most common way in which full time employees in Canada are paid?

** Calculator ** Please find the total cost of the prices below (including tax)

Why are cheques a safe way of transferring money?

** Calculator ** Please find the total cost of the prices below (including tax)

What is the most common reason adults set up Automatic Payments?

What does it mean to be financially literate?

What is NOT an example of cash

What is NOT a time where you could transfer money using cash?

What is the main reason prices have to be rounded to the nearest 5 cents when paying with cash?

What could I buy with a $50 Tim Horton's gift card?

This little plastic card allows you to pay for items by borrowing money from the bank and paying it back later

I am paying with cash: An item is listed at $16.97 (after tax). How much do I owe?

What will happen to a person if they consistently forget to make their credit card payments?

** Calculator ** Please find the total cost of the prices below (including tax)

** CALCULATOR ** You buy a candy bar worth $2.11 before tax. You pay with a $5 bill. How much change will you receive?

credit cards and debit cards look very similar

What are two things the recipient needs in order for an e-Transfer to be effective?

What is the name of a little plastic card that takes money directly out of your bank account to pay for things

In Canada, what is cash made of?

What is the 13% tax we pay in Ontario when we buy a good or service called

I am paying with cash: An item is listed at $4.52 (after tax). How much do I owe?

I pay with a $10 bill. After tax, the item is listed at $8.51. How much change will I receive?