Financial Literacy

Front

A budget is...

Back

A sum of money to be used for a particular purpose

Front

A debit card is...

Back

Like a credit card, but it takes money directly from your checking account

Front

A credit card is...

Back

A card that lets you buy goods and services based on a promise to pay later and charges monthly interest if the balance is not paid in full.

Front

A checking account is...

Back

An account where the depositor can write checks

Front

A savings account is...

Back

An account where money is stored and returns a low interest rate.

Front

You have $200. How do you keep track of it?

Back

Budget it by splitting it amongst your current and future expenses.

Front

What is it called when you spend more than you have?

Back

Debt

Front

Why open a checking account?

Back

All of these are correct.

Front

Your favorite artist is performing this summer. What's the best way to get a few tickets?

Back

Add "Entertainment" to your budget and allocate some cash there each week.

Front

You want to treat your Best Friend to some Five Guys. The total comes to $15.41. If you add a 20 percent tip, what's lunch going to cost you?

Back

$18.49