Personal Financial Literacy

Front

Anna wants to buy a mountain bike for $600 but only has $300 in her checking account. What can she do?

Back

She can use her credit card to buy the bike now and pay it off over a period of time.

Front

Kane is comparing two different regional banks. Which of the following statements is true?
-First Texas Bank charges a $7 monthly fee
-Republic of Texas Bank charges 1% of the checking account balance

Back

If Kane typically has more than $700 in his checking account, then First Texas Bank is the best value.

Front

Which situation does not describe the use of a credit card?

may earn rewards

,

can be used to build a positive credit history

,

allows for unlimited purchases

,

purchases may be subject to interest charges

Back

allows for unlimited purchases

Front

Which bank is a better choice for the Jackson family if they average about $2,200 in their checking account? Options: Bank of Texas, Main Street Bank, They are equally good choices.

Back

Bank of Texas

Front

The average salaries of three different positions are shown in the table. Based on the information, how much more will the physician earn than the paralegal over a 15-year career?

Back

$1,029,900