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Your $12.00 monthly payment for Netflix is automatically deducted from you account. Will you add or subtract $12.00 from your balance?
Subtract
True or False: We do not need to know how much money is in our account so that we don't run out of money for the things we need.
False
You take $40.00 from you account at an ATM machine to have money for lunch with friends. Do you add or subtract $40.00 from your account balance?
Subtract
When writing a check to pay a bill, what goes on the "Pay To" line?
Name of the company or person who is owed the money.
a sum of money which is borrowed, often from a bank, and has to be paid back
Loan
protection against possible financial loss
Insurance
On a check, the 9-digit number that identifies the bank upon which the payment is drawn.
Routing Number
an amount of) money paid to the government, which is based on your income or of the cost of goods or services you have bought
Tax
a small plastic card which can be used as a method of payment, the money being taken from you at a later time.
Credit Card
when a check cannot be paid or accepted by a bank because of a lack of money in the account
bounce a check
money, which is owed to someone else, or the state of owing something
Debt
to exchange a check for cash
cash a check
money in the form of notes and coins, rather than checks or credit cards
cash
a person who money is paid to or should be paid to
Payee
