Spending and Saving pgs. 264-266

The most common way to pay for things is by using money.

• True
• False

In the United States, we use dollars. In Mexico, they use _________.

• Mexican dollars
• Canadian dollars
• pesos
• checks

What do the people in Aruba use as a form of money?

• florin
• pesos
• gourdes
• dollars

Instead of using money, can I barter (exchange one thing for another)?

• yes
• no

What should a cardholder do every month with the credit card company?

• call to say hello
• check to see if your name is correct
• ask them to lend you more money
• pay back the borrowed money

The money a person earns but does not spend is called that person's ___________.

• credit
• loan
• savings
• spending

People save over a period of time so they can ___________.

• plan to buy something they need or want
• become a millionaire
• buy a bank
• have a summer job

Saving at home in a small jar or container is the only way someone can save.

• True
• False

A bonus the bank gives you can also be called interest.

• True
• False

Can you check your deposits online?

• Yes
• No