Financial Literacy Voc. for 4th grade

A cost that may change from month to month and can be changed to balance a budget.

Your ______________ is how much money you have left in your account at the bank.

Sandy made $8.50 but she spent $6.38. What is her profit? 

Money to buy tickets to a basketball game is an example of ...

A savings certificate for depositing money for a specific amount of time is called a _________.

An account that earns interest - deposits at any time but penalties for frequent withdrawals.

The amount of money received in a particular time (weekly, monthly, etc.) in exchange for work.

Money paid by a borrower in exchange for using a lender's money.

Jim has $29.32 in receipts and $6.29 in expenses. What was his profit?

If a business does not make any money then the business has a ...

A cost that is the same each month and cannot be easily adjusted to balance a budget.

An organized plan developed for how to spend and save money is called a ________.

A set payment a person receives in exchange for work performed.

An account that allows a customer to deposit and withdraw money and earn interest at the bank.

A withdrawal is ____________________.

Money placed into a checking or savings account at a bank.

An example of a fixed expense would be...

An example of a financial institution would be...

A ____________ expense is a cost that stays the same each month.

Money a business receives from selling goods or services.