Semester Exam

A saving account is for money that is used __________

• Everyday

• Often

• Not very often

• Only for Christmas

What is it called when money goes into the bank?

• Deposit

• Transfer

• Withdrawal

• Making Change

Which of the following would you use a savings account to pay for?

• Food Truck Friday

• Electric Bill

• Groceries

• Vacation

How does putting money in a bank benefit you? (2 correct answers, Pick both)

• Protection

• Loss

• Taxes

• Growth

What is it called when you take money out of the bank?

• Transfer

• Making Change

• Deposit

• Withdrawal

Which side of the brain controls creative thought?

• Left

• Right

• Up

• Down

How does the bank benefit?

• They make money using your money

• They have no benefits

• They do not want your money

• Tax write off

What fees might a bank charge?

• Rent

• Parking fees

• Overdraft fees

• DVR fees

Which side of the brain controls logical thinking?

• Left

• Right

• Up

• Down

STRATEGIZE. How can you improve saving habits?

• Just save when you're older

• Try really hard

• Auto draft, Treat like bill

• Treat yo self