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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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Flashcards
7 cards
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Questions
7
Answers
1
Minimum wage is the same for all ages
False
True
2
Financial literacy
be able to read financial times
make informed and effective decisions with all of their money
3
Why do we need financial literacy?
Yes, to help me manage my money.
No, money is for using.
4
A wage is a payment for work done.
False
True
5
A budget helps me to ___
Live within your income
Develop money management skills
All of the above
to plan, organize, track, and improve your financial situation
6
Income is
salary
money earned
all of the above
money received
7
Expenses are
an outgoing of money
money coming in