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Financial Literacy Flashcards | StudBud

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Financial Literacy

10 terms·StudBud Administration·177 plays

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Questions 10

Answers

1
What Is A Debit (From An Account)?
I've Never Heard Of A Debit
Money Being Put Into My Account
It Is A Card To Use My Account
Money Being Taken From My Account
2
What Is Interest?
When You Show A Liking For Someone
Money Paid To You For Saving It In An Account With A Bank
None Of The Above
An Allowance That The Bank Gives
3
What Is The Interest Rate On Credit Cards?
19.99%
I Don't Know
0%
9.99%
4
What Is The Purpose Of A Credit Card?
Build Credit History
Borrow Money
Payment Solution
None Of The Above
5
What Is The Number One Financial Mistake?
Living Paycheck To Paycheck
There Are No Mistakes
Borrowing Too Much Money
Excessive Spending
6
What Are Good Habits To Grow Your Money?
Spend What I Make
Budget
Save Early
Save Often
7
When Can You Apply For A Credit Card?
19
21
I Don't Know
18
8
What Is Included In A Budget?
Car Parts
Income
Answers 2 and 3
Expenses
9
What Is A Credit (To A Account)?
I've Never Heard Of A Credit
Money Being Taken From My Account
It Is A Card To Use My Account
Money Being Put Into My Account
10
What Is The Difference Between A Checking Account And A Saving Account?
Answer 1 And 2
Ones Used To Make Purchases
One Earns Interest
No Difference