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Financial Literacy Third Grade Flashcards | StudBud
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Financial Literacy Third Grade
Financial Literacy Third Grade
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Financial Literacy Vocab 3rd Grade
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
A job that requires more training is likely to:
Pay higher wage
Be lower in demand
Be easy to get
Pay less money
2
Examples to have good credit.
Using debit card or cash instead of a credit card
All of the above
Credit Card only for emergencies
Pay bills on time
3
Paying for goods or services you do not expect, can be large and unexpected.
Saving
Planned Spending
Donating
Unplanned Spending
4
Giving money to help others
Interest
Income
Charity
Spending
5
To give away money or goods for a good cause.
Charity
Donate
Save
Spend
6
Money you pay when you borrow money.
Donation
Loan
Interest
Allowance
7
Not having enough of a resource.
Demand
Needs
Availability
Scarcity
8
The action of helping or doing work for someone
Products
Services
Charity
Donation
9
Money that must be repaid to the bank with interest.
Allowance
Loan
Donation
Interest
10
Abundance vs Scarcity
Abundance: Prices will be lower
Abundance: Prices will be higher
Scarcity: Prices will be lower.
Scarcity: Prices will be higher
11
This is an example of: ___________________________
scarcity
plenty
abundance
surplus
12
Bank account to put money aside to use in the future.
Interest Account
Account for rich people
Checking Account
Savings Account
13
Paying money for goods or services you expect.
Planned Spending
Donating
Unplanned Spending
Saving
14
Why people donate to charity?
Improve education
Help the community
All of the above
Reduce suffering
15
Things a person has to have to stay alive
Wants
Needs
Money
Income
16
Money received from doing work, or gained as profit.
Withdrawal
Income
Jinx
Savings
17
Money given to someone with a promise to pay back.
Donation
Loan
Gift
Sharing
18
Using money to pay for a good or service.
Earn
Donate
Spend
Save
19
A way to buy something and pay for it later
Interest
Saving
Income
Credit
20
Taking money out of a bank account.
Withdrawal
Saving
Bonnie & Clyde
Interest