Personal Finance Scenarios

A sum of money to be used for a particular purpose.

• budget
• debit card
• credit card
• checking account

Like a credit card, but it takes money directly from your bank account.

• budget
• debit card
• credit card
• checking account

A card that lets you buy goods and services based on a promise to pay later.

• budget
• debit card
• credit card
• checking account

A bank account where the depositor can write checks.

• budget
• debit card
• credit card
• checking account

A bank account where money is stored and returns a low interest rate.

• budget
• credit card
• savings account
• checking account

A(n) _________is a check that is dishonored because of insufficient funds.

• Overdraft
• Statement
• Cleared Check
• Bad Check

A(n) _________occurs when withdrawals have gone over the available amount.

• overdraft
• statement
• cleared Check
• check Register

A(n) _________is a check that has been honored and processed.

• Overdraft
• Statement
• Cleared Check
• Bad Check

A(n) _________ is a record book used to keep track of all transactions.

• Overdraft
• Statement
• Cleared Check
• Check Register

A(n) _________ is a document published by your bank that details all transactions for the month.

• Overdraft
• Statement
• Cleared Check
• Check Register