Which of the following is an effective strategy for personal saving?

All of the following statements about bank accounts are true EXCEPT…

Fill in the blanks with the correct responses. If you follow the 50-30-20 rule of budgeting, you'll be putting 50% of your monthly income toward _______________, 30% of your monthly income toward _____________, and 20% of your monthly income toward ______________.

Experts recommend that you accumulate enough to cover 3 to 6 __________________ of expenses in your emergency fund.

Which of these is a reason someone might choose to open an online savings account (High Yield) rather than a savings account at a traditional bank?

Three of these statements best describe a checking account. Which statement best describes a savings account?

You are at the checkout counter at the local supermarket and use your debit card to pay for your groceries. Where does the money for this purchase come from?

Which of the following transactions will REDUCE your checking account balance immediately?

How often do customers typically receive a bank statement for their checking account?

Fill in the blanks: Direct deposit typically refers to your ______ sending your ______ electronically to your bank account.

Melissa is a salaried employee who earns roughly the same amount in every paycheck. Is it a good idea for her to set up an automatic transfer every pay period into her savings account

Identify two fees that banks typically charge on a checking account. (pick 2)

This account is often used to pay bills, make purchases, and deposit money from your paycheck...

A mobile banking tool that allows you to deposit checks to your bank account using your mobile device is called...

Which card is tied directly to your checking account and requires a PIN when you use it?

Which account earns more interest?

A _______is provided by online banks instead of brick-and-mortar banks. It earns higher interest rates than regular savings accounts

 A bank product that earns interest on a lump-sum deposit that's untouched for a predetermined period of time is called a/an...

A/an ________ occurs when you don't have enough money in your account to cover a transaction, but the bank pays the transaction anyway.

The purpose of an emergency fund is...

The 50/30/20 Rule states that 50% of your budget should go to....

The 50/30/20 rule states that 20% of your budget should go to...

Pay Yourself First means...

Sinking funds are for...

Bill has money from his checking account go to various savings accounts and investment accounts each month. The bank does this by itelf. Bill has....

Your bank is Chase Bank. However, you go to a Seven Seventeen Bank ATM for cash. What do you get charged?

_____ is a service that draws from one of your other accounts to cover transactions that would otherwise overdraw your bank account.

A person who has a bank account, but often relies on alternative financial services such as check cashing...

a person who does not use or does not have access to traditional financial services like a bank account.

A small loan, offered through a business, lent at a high interest rate, and meant to be paid as soon as you receive your next paycheck.

A ______ services allow people without bank accounts to cash checks. A fee is charged, sometimes just $1, sometimes more than $100, so that people who need cash, get it.

A card that is loaded with a specific cash amount before you use it. It is not linked to a bank or credit union account.

This type of loan can have interest rates exceeding 400%.

Emergency Funds should be kept in...

Pablo has money set aside in one account for a vacation he plans to take in 2 years. He has another account saving up for a swimming pool in his back yard. These are _______.