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Financial Literacy Quiz Flashcards | StudBud
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Financial Literacy Quiz
Financial Literacy Quiz
12 terms
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StudBud Administration
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#3rdgrade #financialliteracy
Flashcards
12 cards
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Practice quiz
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Questions
12
Answers
1
When you do not expect that you have to give someone else money in exchange for something.
Surprise Spending
Unplanned Spending
Planned Spending
Silly Spending
2
All of these can increase a person's salary EXCEPT...
family size
education
experience
training
3
To obtain a product by agreeing to pay for it over a period of time is buying on...
Salary
Credit
Employer
Interest
4
A penny saved is...
interest
not much
a penny earned
credit
5
When a person puts money into his/her bank account a ___________ is made.
Deposit
Interest
Income
Withdrawal
6
People that work for a business are the ...
Customers
Employer
Slaves
Employees
7
Money spent on a budget is your ___________.
Profit
Needs
Wants
Expenses
8
The money paid by a borrower to a lender for the use of the lender's money.
Labor
Purchase
Income
Interest
9
This is a plan that helps you spend your money wisely.
Salary
Purchase
Unplanned spending
budget
10
A person does work to earn ...
Expenses
Employees
Credit
Income
11
The amount of money you earn by doing a job for another person or business.
Salary
Unplanned Spending
Savings plan
Interest
12
When you know that you know you have to give money to someone in exchange for something else.
Unplanned Spending
Free Spending
Lazy Spending
Planned spending