Financial Literacy REVIEW

My mom used a __________________________ to purchase a flat screen TV online. If she doesn't pay off the balance when she gets the bill, the bank will charge her interest.

• credit card

• debit card

• cash

• check

If my dad uses a credit card and doesn't pay the balance when the bill arrives, he will be charged _____.

• interest

• extra

• cash

• guilty

Banks and credit unions are examples of _____.

• banks

• credit unions

• buildings

• financial institutions

After recording my check information in my register, I had a _____________________ of $72.89

• deposit

• withdrawal

• balance

• amount

Before Sammy could open a savings account, he needed to complete an _____.

• deposit ticket

• application

• check

• assignment

Johanna noticed her account balance was $9.42, so she couldn’t buy the game she wanted. If she wrote a check for the game, the check would _____.

• cry

• explode

• dribble

• bounce

_____ are written orders giving your bank permission to pay the person or business with money from your checking account.

• Checks

• Deposit tickets

• Signatures

• Registers

In order to pay for college, Collin borrowed money from his credit union. This is called taking out a _____.

• deposit

• check

• payment

• loan

After shopping Black Friday, Susie used the receipts to record all of her debit card purchases in the _____.

• net deposit

• register

• list checks singly

• subtotal

Friday is pay day! James will take his paycheck to the bank, along with his completed _____, to add the money to his checking account.

• check

• register

• deposit ticket

• net deposit