Financial Literacy

This bingo card has a free space and 48 words: Goods, Tax, Money, Financial Literacy, A tax credit reduces the amount of tax you pay on your income at the end of the year., Is giving a gift for charity, humanitarian aid, or to help a cause. Examples include: donating money, goods and services., Receives money from a lender, with an agreement to repay it in the future, usually with interest charged., Services, A company that provides and manages monetary transactions such as deposits, loans, current exchanges and investments., An amount of money that is borrowed with the expectation that it will be paid back, usually with interest., A mortgage is a special type of loan used to buy a house., Is a bank account that you can access your money from, write cheques, and pay bills from. This account tends to be your go-to, daily transaction bank account., A savings account is where you save funds that you aren't ready to use yet, often with the goal of accumulating more.It is often used to save for short or long term goals, or for an emergency., A lender may be a person, business or institution. Often, banks arelenders., Credit Card, The interest rate is how interest is calculated. It is quoted as a percent of the money used, usually per year., The amount a financial institution charges a customer to borrow money (e.g., via a bank loan) or pays a customer to keep money in an account (e.g., an investment account)., Savings, investment or spending targets you hope to achieve over a set period of time., The amount of money borrowed from one party to another., An estimate/plan of expected income and expenses for a future period of time., Money spent during a period of time to pay for goods and services., Debit card, Financial Goals, Financial Institution, Money received during a period of time from wages, interests and other sources., Physical money (bills and coins)., A piece of paper that tells a bank to pay a specific amount of money from a person's account to a specific person or business., Debt, Expenses, Donate, Mortgage, Actions or tasks performed by people for payment., It allows a consumer to purchase goods or services on credit (they do not need the money required at the point of purchase)., A plastic card that allows for money to transfer from one account directly to another account., Cheque, Budget, Loan, Chequing Acocunt, Products that can be purchased (food, toys, clothing, etc.), Tax Credit, Donate, Cash, Income, Interest Rates, Interest, Saving acount, Lender and Borrower.

⚠ This card has duplicate items: Donate (2)

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