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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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StudBud Administration
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A vocabulary quiz over personal financial literacy for third graders.
Flashcards
12 cards
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Practice quiz
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Host live
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Questions
12
Answers
1
Things that are produced and used are called...
human capital
spend
purchase
resources
2
A person's knowledge and work skills can be called...
income
human capital
resources
salary
3
You ____ money when another person gives you money that you will need to pay back.
interest
borrow
lend
purchase
4
The work that a person does is called...
human capital
credit
income
labor
5
Money earned is called...
spend
salary
interest
income
6
When you ___ money, you give it to someone else in exchange for a good or service.
spend
lend
borrow
credit
7
A ___ helps you save money regularly so you can reach your goals.
savings plan
purchase
spend
income
8
You ___ money when you give someone else money that needs to be paid back.
lend
spend
credit
borrow
9
___ is money paid by the borrower to a lender for the use of the lender's money.
credit
labor
interest
resources
10
___is paying for something with money that you borrow and must pay back, usually with interest.
lend
credit
interest
labor
11
Your __ is the amount of money you can earn by being self-employed or working for someone else.
income
salary
spend
resources
12
To ___ is to obtain by paying for an item or service.
borrow
purchase
lend
spend