How are financial products changing the way we manage money?

12 questions

1. Who controls the Budget in the UK?
2. What is the main purpose of a bank account?
3. A ___ is when you borrow money from a bank and agree to pay it back later, usually with interest.
4. Match the word with its definition.
5. A budget helps people to plan their ___ and make sure they do not use more than they have.
6. What is a benefit of a mortgage?
7. Match the word to its definition.
8. Buy Now, Pay Later schemes are an example of a financial product that offers flexibility but also carries a risk of ___ if not managed carefully.
9. Which of these is an example of a trend that is helping people make more sustainable financial choices?
10. Match the start of the sentence with its ending.
11. Why is the idea that 'all modern financial products are safe and helpful' incorrect?
12. Understanding changes in financial products helps ___ people make more informed decisions about their money in the future.

License: OGL