Financial Literacy

Financial Literacy Bingo Card
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This bingo card has 42 words: Goods, Services, Credit Card, Debit Card, Cheque, CASH, Income, Expenses, Interest Rate, Budget, Debt, Financial Goals, Interest, Financial Institution, Loan, Mortgage, Checking Account, Savings account, Lender, Borrower, Donate, Tax Credit, Interest Rate, The interest rate is how interest is calculated. It is quoted as a percent of the money used, usually per year., Financial institution, A company that provides and manages monetary transactions such as deposits, loans, current exchanges and investments., Loan, An amount of money that is borrowed with the expectation that it will be paid back, usually with interest., Mortgage, A mortgage is a special type of loan used to buy a house., Chequing Account, 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., Savings 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., Lender, A lender may be a person, business or institution. Often, banks arelenders., Borrower, Receives money from a lender, with an agreement to repay it in the future, usually with interest charged., Donate, Is giving a gift for charity, humanitarian aid, or to help a cause. Examples include: donating money, goods and services., Tax credit and A tax credit reduces the amount of tax you pay on your income at the end of the year..

⚠ This card has duplicate items: Interest Rate (2), Loan (2), Mortgage (2), Lender (2), Borrower (2), Donate (2)

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