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6th grade: Financial Literacy Flashcards | StudBud
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6th grade: Financial Literacy
6th grade: Financial Literacy
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1
Answer the following question.
Cash back fee
Canceled check
ATM fee
Overdraft fee
2
Answer the following question.
Overdraft Fee
Transaction
Interest
Check Return Fee
3
Joe moved money from his checkings to savings account. What type of transaction did he make?
Transfer
Deposit
Interest
Withdrawal
4
When you put money IN your bank you are making a:____________?
Deposit
ATM
Transfer
Withdrawal
5
Credit, Debit, OR Both?
CREDIT
BOTH
DEBIT
6
Answer the following question.
$25
$15
$73
$22
7
A ______________ is a log that helps to keep track of all of your transactions.
Check Register
Balance Sheet
A Check
Credit Card Bill
8
Credit, Debit, OR Both?
CREDIT
DEBIT
BOTH
9
An overdraft fee is money you pay when you spend _______ money than you have in your account.
LESS
MORE
10
Kaylauses her debit card frequently and never writes a check. What is the best bank for her?
Hometown Bank
First City Bank
Transnational Bank
11
You are making a ____________ when you take money OUT of your bank account.
Tranfer
Withdrawal
Deposit
ATM
12
What does it mean to live within your means?
Spend ALL your money!!!
Go on a shopping spree.
Never buy anything.
Do not spend money that you do not have.
13
Answer the following question
Interest Fee
Negative Balance Fee
Transaction Fee
Overdraft Fee
14
Credit, Debit, OR Both
DEBIT
BOTH
CREDIT
15
What do you call someone who spends money?
Spender
Giver
Lender
Consumer
