Personal Finance

A card that borrows money but it has to be paid back

• Debit Card 
• Credit Card 
• Baseball Card 
• Pokemon Card 

A card that uses money directly from your bank account

• Debit Card 
• Credit Card 
• Pokemon Card 
• Baseball Card 

An agreement between a borrower and a lender, where the borrower agrees to repay money with interest over time.

• Loan 
• Interest 
• Income 
• Deposit  

A mortgage is used for ...

• Buying a new machine
• Buying a new vehicle
• Buying land or premises
• Paying staff wages

money that you make from your job

• interest
• occupation
• wage
• income

hourly rate that you get paid

• wage
• income
• salary
• register

yearly amount that you get paid

• interest
• wage
• salary
• saving

pay at the end of the month

• credit card
• debit card

If you borrow money from a bank, you have to...

• pay the amount you borrow back
• pay interest back
• have a time limit to use it
• all options are correct.

What is the difference between needs and wants?

• needs=other things
  wants=survival
• needs=survival 
  wants=other things