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Banking and Budgeting
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Game Code: 152964
English
21
Public
Banking and budgeting are important for independence. Let's see what we've learned....
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What is a deposit?
Putting money IN the bank
15
What is a withdrawal?
Taking money out of the bank
15
Name at least 2 examples of utilities?
Electricity, gas, garbage, water, phone
15
When you say to the bank teller, "what is my balance please?", what are you asking them?
You are asking them how much money do you have in your account
15
What is the person that works at the bank called?
The bank teller
15
What is an expense?
Something you spend your money on
15
True or False: Earnings and Income mean the same thing
True
15
What will your pay rate be when you are working at Oliver's Market
$15.00 per-hour
15
True or False: A Fixed Expense stays the same every month
True
15
True or False; A variable expense varies or changes each month.
True
15
Give 2 examples of a fixed expense?
Rent, Utility bills like electricity, gas, phone, cable TV, gym membership
15
Give 2 examples of a variable expense?
Buying a video game, going out to the movies, getting a pair of new shoes,
15
What does it mean when you do price comparisons?
Answers vary...but it is when you take an item and see how much it costs at different stores
15
What does it mean if something is a good value
when something is a good price, when one brand is cheaper than other brands, when a store has better prices than another, etc.
15
How much is a small soda on this menu?
$1.65
15
How much is a cheeseburger?
$2.95
15
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