Banking Vocabulary
Authored by Patricia Sherve
Life Skills
5th - 7th Grade
Used 11+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bank is ..
a school
a store
an institution
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An expense that can go up or down in price is a
variable expense
fixed expense
income
ATM
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Making a _______ helps to stay on track to afford/pay for all your expenses.
income
direct
budget
withdrawal
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A comic book, a car, a new tv or a new gaming device are all considered....
fixed income
discretionary expenses
ATM
debit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A minimum balance is...
the most you can keep in your bank account.
a loan
a fee
the least amount of money needed to keep in your account before you are charged fees.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bank account is....
only for adults.
for your dog.
a place to keep your money safe.
an unsafe place to put your money.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you take money out of your account, it is called a....
loan
fee
withdrawal
investment
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