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Banking Basics

  •   Game Code: 2564647
  •  English    15     Public
    Banking
  •   Study   Slideshow
  • What is income?
    The money you make by working
  •  15
  • What are two different ways to pay for something?
    Debit card, credit card, cash
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  • What does it mean to transfer money?
    to move money to a different place (like another account, send money to someone)
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  • What is an ATM?
    ATM - Automated Teller Machine (get money out of bank)
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  • Who is it ok to share your PIN with?
    Someone you trust (ex. parents)
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  • What is a pay cheque?
    money you get from your job
  •  15
  • What can you use a debit card for?
    pay for things, get money out of bank
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  • What does withdraw mean?
    take money out of bank
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  • What is online banking?
    Paying bills, seeing how much money you have online
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  • What does deposit mean?
    put money in the bank
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  • What is a PIN number?
    the code to get to the money in your bank (private)
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  • Give an example of a bill you might have to pay when you get a job?
    cell phone bill, credit card bill
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  • What can you use a credit card for?
    to buy things
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  • What is minimum wage?
    the lowest amount they can pay each hour for a job - $17.40
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  • what does it mean to save your money?
  •  15
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