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Intro to Financial Literacy Flashcards | StudBud

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Most people are good with money

A credit card and a debit card are the same thing

Intro to Financial Literacy

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Questions 8

Answers

1
A credit card and a debit card are the same thing
False
True
2
Most people are good with money
False
True
3
Used to help manage how you spend money
checkbook
planner
budget
business plan
4
Money that is put into your bank account
deposit
withdrawal
money
balance
5
Borrowing money from a bank is an example of
Opening an account
Depositing money
Withdrawing money
Taking out a loan
6
Taxes are taken out of every pay check
False
True
7
Income is money you make from your job
False
True
8
The most commonly used bank account
ATM
Checking
Retirement
Savings