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Oct money and budgeting Flashcards | StudBud
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Oct money and budgeting
Oct money and budgeting
15 terms
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StudBud Administration
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412 plays
% decimals and fractions
Flashcards
15 cards
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Questions
15
Answers
1
This is a what...?
Debit card
Credit Card
Cheque book
Current Account Cards
2
Define
risk
?
the possibility of something bad happening
a situation exposing you to danger
risk is nothing to worry about
risk is always 100% clear and accurate
3
What does budget mean?
looking at only saving
looking at only spending
looking at income and expenditure
balancing your money
4
What is to borrow money from the bank to get a flat or house?
current account
savings account
mortgage
loan
5
What is inheritance?
£ you get when someone dies
mortgage for house
credit card
money you spend
6
What is a loan?
bank card
sort code
to eat
to borrow money
7
Which of type of insurance is
compulsory
?
travel
car
pet
life
8
"I want that massive TV and I want it now"
check my account and then online for deals
the definition of impulse buying
check my bank account first and then buy it
good idea - live in the present!
9
What is £196.40 rounded to the nearest 100 pounds?
£100
£200
£197
£196
10
In business, the buying price minus the selling price = ?
fraction
multiply
profit
median
11
What is £96 rounded to the nearest 10 pounds?
£94
£90
£100
£95
12
What is £196.40 rounded to the nearest 1 pound?
£197
£100
£200
£196
13
You put £300 under your bed for a year - how much will be there at the end?
£300 (hopefully!)
£310
£309
£320
14
What is debt?
to earn money
to owe money
cheque
budgeting
15
Which word is monthly pay?
allowance
salary
mortgage
wages
