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