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Duplicate of Personal Financial Literacy - Third Flashcards | StudBud
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Duplicate of Personal Financial Literacy - Third
Duplicate of Personal Financial Literacy - Third
15 terms
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StudBud Administration
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140 plays
3rd grade financial literacy vocabulary
Flashcards
15 cards
F
Practice quiz
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Host live
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Questions
15
Answers
1
Which of these would you use credit for?
Video Game
A new car
Manicure- getting your nails painted
Canes Chicken
2
When you pay for goods or services you did not save for.
Credit
Unplanned spending
Planned spending
Deposit
3
________ is paying for goods and services you expect.
Planned Spending
Loan
Savings
Charity
4
An extra fee you money when you borrow money is called-
cash
donate
interest
saving
5
Money you give to help others.
Charity
Interest
Resources
Credit
6
Joe takes a loan for $30 dollars with $5 interest. Joe earns $20. How much does he still owe?
$$5
$55
$10
$15
7
When you buy something on ______ you pay for it later.
Deposit
Interest
Cash
Credit
8
These are used to produce goods and services.
Deposit
Resources
Credit
Spending
9
Money you pay when you borrow money, or money you receive for lending money.
Sale
Interest
Income
Credit
10
The more experience or education, the better chance you have of earning a higher income.
True
False
11
________ is when you put money aside to use it in the future.
Saving
Buy
Cash
Spend
12
________ is paying money for goods such as food and clothes or services such as a haircut.
Deposit
Saving
Interest
Spending
13
The money earned for work people complete.
Income
Tax
Credit
Charity
14
Which of these would you most likely put on a credit card?
Groceries
Shoes
New Washing Machine
Gas
15
Which one of these involves interest?
Debit Card
Savings Account
Cash
Credit Card