WorksheetsManaging your money
Total questions: 15
Worksheet time: 8mins
Which is not a Fee?
OverDraft
Atm
Minimum balance
Late
What is Online Banking?
Complete certain transactions from a secured Internet site
Transactions completed with no physical connection between the payment device and the Point of Sale (POS) device or store clerk
Going to the bank
Apps that many depository institutions have developed that allow online banking access
What does ATM stand for ?
At The Moment
At the Market
Automated Teller Machines
Asynchronous Transfer Mode
What is a Debit Card ?
A plastic card that is connected to the cardholder bank
A gift card
Netspend Direct Deposit
PayPal
What is Contactless Payment ?
amount of money after taxes and deductions
transactions from a secured Internet site
transactions from the machine without human assistance
no physical connection between the payment device
What are two most common saving tools ?
Saving Accounts
Reconciling an account
Checking Accounts
Social Security Account
What is Saving Account ?
designed to hold money, access to money is more limited and earn interest
a tax on items purchased in retail stores
provides an easy method for transferring money, checks, debit cards, withdraw, and electronically transfer
charged on property, buildings, car
How can you deposited a checking account ?
by writing a check
by a app
going to Walmart
going to the mailbox
What can you do with credit ?
Function in the same manner as checks but faster and more portable
Withdraw and deposit money
Loans
a card in front of a sensor for fast and easy transactions
What is interest ?
the price paid for using someone else's money
Information, advice, and assistance with a wide range of financial topics
Store valuable personal items
Secure types of payments such as traveler’s checks, certified checks, cashier’s checks, and money orders
What is Mobile Banking ?
insured credit unions
the ATM
at the bank
applications through phone
What does FDIC mean ?
National Credit Union Administration
Federal Deposit Insurance Corporation
Deductions and exemptions
the schedule of the period you work
What are two types of depository institutions ?
Credit Union
Online Bank
Commercial Bank
Mobile Bank
What are taxes ?
tax on earned and unearned income
a tax on items purchased in retail stores
charges on consumption items
the sum of money demanded by a government to support the government itself as well as specific facilities and services
What is net pay ?
take away the amount of tax you actually owe
the schedule of the period you work
amount of money after taxes and deductions
amount of money you have earned before anything is taken out
