BizTown: Financial Literacy

Front

When depositing money into an account, it is important to: include your account number, thank the teller, swipe your credit card, sign your deposit ticket

Back

include your account number

Front

The amount left over from your paycheck after taxes and deductions is called:

Back

net pay

Front

You can continue to write checks as long as you have checks in your checkbook.

Back

False

Front

All bank transactions should be recorded in the register.

Back

True

Front

A direct deposit is when you take your paycheck directly to the bank after you receive it.

Back

false

Front

Credit cards and debit cards are essentially the same.

Back

false

Front

Yes or No: Banks offer only one type of accounts for people.

Back

Front

Yes or No: Banks offer different accounts because their are many types of bank customers & clients.

Back

Front

What is the center of a community? McDonald's, City Hall, Bank or Financial Institution, Wayne Center Elementary

Back

Bank or Financial Institution

Front

True or False: An important thing about savings accounts is the higher the interest rate the better?

Back

true