Teach Banzai Questions with correct Answers 2023

Teach Banzai Questions with correct Answers 2023 Withdrawal A blank is an amount removed from a savings or checking account. Statement A blank is a document published by your bank or credit union that details all transactions for the month. Cleared Check A blank is a check that has been honored and processed. Overdraft An blank occurs when withdrawals have gone over the available amount. Deposit A blank is an amount of money placed into a savings or checking account. Reserves You walk outside only to find that your car has been towed because you were parked illegally. You paid the towing company with a check and took this unexpected expense from which budget? Gas, insurance, maintenance. are necessary costs of car ownership Your card will get declined. When you try and use your credit card after you've already met your credit limit Your electric and heating bills. An example of a utility cost To pay federal and state taxes. Why does your employer withhold money from you on each paycheck? A fee for overspending. On January 8th your account was charged $30.00 for an overdraft fee. What is an overdraft fee? $254.95 Your account statement arrived. You had a balance of -$52.79. After the $307.74 deposit from Rolands Bookstore, what is your new account balance? $18.49 You want to treat your BFF to some sushi. The total comes to $15.41. If you add on a 20 percent tip, what's lunch going to cost you? Add "Entertainment" to your budget and allocate some cash there each week. You're dying to see The Flaming Eyelashes in concert this summer. What's the best way to cop a few tickets? Debt What's it called when you spend more than you have? Budget it by splitting it amongst your current and future expenses. You have $200. How do you keep track of it? An account where money is stored and returns a low interest rate. A savings account is... An account where the depositor can write checks A checking account is... A card that lets you buy goods and services based on a promise to pay later. A card that charges monthly interest if the balance is not paid in full. A credit card is... Like a credit card, but it takes money directly from your checking account. A debit card is... A sum of money to be used for a particular purpose. A budget is...