Teens and Money

A bank account that pays interest on condition that you keep money there for a particular length of time.

• Current account

• Deposit account

• Personal account

The amount of money you owe to the bank when you have taken out more money than you had in your bank account.

• Loan

• Mortgage

• Debt

• Overdraft

A piece of paper that shows that goods or services have been paid for.

• receipt

• recipe

• bill

• account

The money that you make in business or by selling things, especially after paying the costs involved.

• bargain

• discount

• profit

• fortune

a special machine through which you can do bank transactions

• Cash dispenser

• Automated Teller Machine

• Cashpoint

• Checkout

One of the equal parts into which the ownership of a company is divided

• Mortgage

• Refund

• Overdraft

• Share

The kind of bank that provides services for customers and businesses and that is used by most ordinary people

• Investment bank

• Merchant bank

• Commercial bank

• Central bank

Identify the correct sentence:

• Teens is often concerned about money.

• Teens are often concerned about money.

• Teens often is concerned about money.

• Teens often are concerned about money.

Choose the word that best completes the sentence: 'Many teens find it difficult to ______ money.'

• save

• saves

• saving

• saved

What is the main idea of the following sentence? 'Teens should learn to manage their finances to avoid future debt.'

• Teens are in debt.

• Teens should avoid learning.

• Teens need financial management skills.

• Teens should spend more money.