
Banking and Finance Basics
Flashcard
•
Life Skills
•
8th Grade
•
Practice Problem
•
Easy
Mary Patty
Used 1+ times
FREE Resource
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8 questions
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1.
FLASHCARD QUESTION
Front
Account
Back
A place for you to keep money at a bank or credit union.
2.
FLASHCARD QUESTION
Front
Bills
Back
Money that you owe for things like utilities (water, heat, electricity, etc.) and debt.
3.
FLASHCARD QUESTION
Front
Budget
Back
A plan for how much you want to spend in different areas based on how much money you make.
4.
FLASHCARD QUESTION
Front
Check
Back
A signed document that tells a bank or credit union to give someone a specific amount of money from an account. Checks are cashed (traded for cash) or deposited at banks or credit unions.
5.
FLASHCARD QUESTION
Front
Credit Card
Back
A card you use to borrow money and make purchases up to a certain limit. You must pay the money back later with interest.
6.
FLASHCARD QUESTION
Front
Debit Card
Back
A card that takes money from your checking account at a bank or credit union to pay for something.
7.
FLASHCARD QUESTION
Front
Deposit
Back
When you put money into an account at a bank or credit union.
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