Money received from investment, Money received on regular basis for work

A good or service that is necessary to live

A written order to a bank to pay the amount stated

Debit cards draw money directly from your checking account .

Goods or services that are not necessary in life.

What is online banking?

Complete certain transactions from a secured Internet site.

A record of income & spending & a plan for managing money

An amount deducted from a bank account

when you borrow money of the bank and then you pay back

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Financial Literacy Vocabulary

13 termsStudBud Administration

Play this Quiz! to review vocabulary for the different ways to pay.

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Questions 13

Answers

1
Who is this check to?
Lunch with friends
ACME Grocery Shop
Jane Doe
2
What is income?
A portion of ones personal income paid to the government
Money received from investment
Money received on regular basis for work
3
What is a deposit?
adding to your account
a checking fee
taking away from your account
not having enough funds
4
What is a Electronic fund
All of the above
not using apple pay
Compter paying
paying online
5
What is a need?
Type of money payment
A good or service that is necessary to live
Something you want
All of the above
6
What is a check?
Paper
A written order to a bank to pay the amount stated
A written loan from the bank
A booklet used to record checking transactions
7
What is a debit Card
The Steelers taking the ball from the opposite team.
What ever is in Ms. Barnowske's hair.
Debit cards draw money directly from your checking account .
The money you put in your savings account
8
What is a want?
Goods or services that are not necessary in life.
Money that is spent in goods.
making purchases based on an immediate want
Something that is necessary in life?
9
What is online banking?
Complete certain transactions from a secured Internet site.
Walmart
Going to the bank
10
What is a budget?
A record of income & spending & a plan for managing money
Money available to spend
Expenses that do not change from month to month
Expenses that vary from month to month
11
What is debit?
Money owed
An amount deducted from a bank account
A card that operates like cash
12
what is a loan
when you give someone money
when you borrow of a payday loan
when you borrow money of the bank and then you pay back
when you borrow money of family members
13
What is a credit card?
A credit card
PLASTIC
a card that blows up everything it's uses
A payment card

Financial Literacy Vocabulary Flashcards | StudBud