Fluent in Finance Quiz

What is the difference between a checking account and a savings account?

• A checking account is just for storing money for easy access.

• A checking account is a way of increasing your balance through interest.

In which account will you receive monthly interest payments?

• checking account

• savings account

What is the difference between a debit card and a credit card?

• Credit card bills are paid at a later date.

• Debit card bills are paid at a later date.

When you use a ___________, the money is taken from your checking account immediately.

• credit card

• debit card

When you use a _________ card, you pay the bill at a later date.

To _____________ money means to take it out of the bank.

• withstand

• withdraw

People use ATMs to make cash ____________.

• withdrawals

• withpaints

A person who owns a property is called a...

• homebuilder

• homesharer

• homeowner

• homestayer

Danny has his own house. He's a _____________.

• homeplayer

• homeowner

• hometaker

• homemaker

The opposite of being in credit is being in __________.

• debt

• diet