Financial Literacy Review

Front

What is the physical form of money, such as coins or paper money?

Back

Cash

Front

Which method of payment may you have to pay interest?

Back

Credit Card

Front

What is a percentage charged when you borrow money or earned for saving money?

Back

Interest

Front

Using a credit card allows you to...

Back

Purchase something now and pay for it later.

Front

What is a card that allows customers to electronically and immediately withdraw funds from their accounts?

Back

Debit Card

Front

What is a plan for managing income and expenses?

Back

Budget

Front

What is the total amount of money you have after all deductions?

Back

Net Pay

Front

What is a written order directing a bank to pay a specific amount from one account to another?

Back

Check

Front

What is the process of transferring money from one account to another?

Back

Transfer

Front

What is the amount of money you owe to a lender?

Back

Debt