Biztown Flashcard 2

Front

Which action is required when depositing money into an account?

Back

sign your deposit ticket

Front

What is the purpose of a paycheck?

Back

to give you money in exchange for work

Front

Where do you endorse a paycheck?

Back

on the back

Front

What happens when you have insufficient funds in your bank account?

Back

high fee

Front

Which is a responsible action to make with your money?

Back

track it

Front

Which right does the U.S. Constitution protect?

Back

right to keep private property

Front

What does a savings account allow you to do?

Back

have money on hand for unexpected expenses or emergencies

Front

How does your money increase in a savings account?

Back

The longer you leave your money in a savings account, the more it grows by a government-set rate.