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2nd Grade Financial Literacy Flashcards | StudBud
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2nd Grade Financial Literacy
2nd Grade Financial Literacy
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1
Governments collect these to pay for streets, schools, police, libraries, and the military.
leaves
services
goods
taxes
2
If you want to save money, what should you do it?
keep it in your wallet
put in the bank
give it away
spend it
3
The amount of money someone makes is called...
good
income
bank
cash
4
Lauren had $50, but now she has $15. Did Lauren save her money or spend her money?
saving money
spending money
5
What is it called when you put money away in a safe place so it can be used in the future?
spending
earning
saving
giving
6
Brett borrows $5 from Anthony, but he is not sure when he can pay him back.
irresponsible
responsible
7
Lisa earned $199 for working and put it in the bank. Is that a withdrawal or deposit?
withdrawal
deposit
8
What would be the most important thing to buy with money?
candy
food
iPad
football
9
What happens when you
spend
money? Does the amount of money increase, decrease, or stay the same
decrease
stay the same
increase
10
Joya had $13, but now she has $20. Did she save or spend her money?
saving money
lost it
spending money
11
Choose a reason why you might lend a friend your bike.
They are your best friend.
The take care of things and return them when they are finished.
They lose things a lot.
You don't want it anymore.
12
Karina borrows a book from a friend and returns it when she is finished. Responsible or irresponsible?
responsible
irresponsible
13
Jordyn bought some fruit from Produce Junction. Is she a producer or a consumer?
consumer
producer
14
Natalia made necklaces to sell at a craft show. Is she a producer or a consumer?
producer
consumer
15
Paige bought groceries at Shop Rite for $49.
withdrawal
deposit
16
Bryce had $7 and now he has $43. Did he spend his money or save his money?
spending money
saving money