Financial Literacy Pretest

Front

A sum of money placed (added to) or kept in a bank account.

Back

Deposit

Front

A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.

Back

Debit Card

Front

This card is used to temporarily use someone else's money that will need to be paid back during a specific billing cycle.

Back

Credit Card

Front

The cost required to buy an item or service

Back

expenses

Front

A fixed expense is one that stays the same from month to month.

Back

True

Front

What is a source of money you make?

Back

Wage

Front

What is a need?

Back

An item you have to have to survive.

Front

What is a want?

Back

An item you would like to have.

Front

Money borrowed from a bank.

Back

loan

Front

A mortgage is a loan for...

Back

a house