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Whiz Financial Literacy Flashcards | StudBud
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Whiz Financial Literacy
Whiz Financial Literacy
8 terms
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Flashcards
8 cards
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Practice quiz
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Host live
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Questions
8
Answers
1
After living somewhere and paying rent for 20 years, do you own the property now?
True
False
2
What is NOT on the physical
debit card
Expiration Date
Account Number
4-digit Pin Code
3-digit Security Code
3
What is a
Mortgage
A loan from the bank to help you start a business
A special kind of bank account for students
A loan from the bank to help you buy a house
A fee attached to late payments
4
An account where you store your money for a
set time
and get more interest.
Checking Account
High-Yield Savings Account
Savings Bond
Certificate of Deposit (CD)
5
What is an
installment
?
A way to borrow money from the bank
Money you earn from doing chores
A small gift given to friends
A portion of a larger amount of money that you pay back regularly over time
6
To
Deposit
money means taking money out from your bank account
True
False
7
Which is NOT a usual
utility service
Internet
Trash
Insurance
Gas
8
Which is NOT a common type of
insurance
School Insurance
Home Insurance
Car Insurance
Health Insurance
