Money, Saving, and Banks

Front

Kevin decided to put money into his bank account to save for a new bicycle.

Back

deposit

Front

What type of account pays interest on the money kept in it? Options: deposit, savings account, safe-deposit box, loan

Back

savings account

Front

What is the storage method called when valuable documents are kept in a fireproof box locked in a vault?

Back

safe-deposit box

Front

What is the arrangement called when Donny borrows money from a bank and agrees to pay interest while paying it back in a set period of time?

Back

loan

Front

Roman receives money in return for his labor, work, or service at the local bookstore.

Back

earn

Front

Sophia wants to keep and store up money for future use. What should she do? Options: earn, save, spend, donate

Back

save

Front

HV went to the mall and was paying out money to buy goods and services. What was he doing?

Back

spend

Front

HV and Christobel decided to give money to a cause to help a local charity.

Back

donate

Front

Sophia is saving for a new sweater. Is this a long term goal or a short term goal?

Back

short term goal

Front

What kind of goal is Jesus planning for his future to ensure he has enough funds to live comfortably after he stops working?

Back

long term goal