stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Financial Literacy Voc. for 4th grade Flashcards | StudBud
Explore
/
Financial Literacy Voc. for 4th grade
Financial Literacy Voc. for 4th grade
15 terms
·
StudBud Administration
·
53 plays
Fourth grade financial literacy vocabulary quiz.
Flashcards
15 cards
F
Practice quiz
P
Host live
L
Questions
15
Answers
1
Money that you have to pay after taking out a loan _____
expenses
taxes
Interest
savings
2
A cost that may change from month to month....
variable
taxes
fixed
interest
3
Which is a true statement?
Banks charge people interest when they take out loans.
Interest is the same as insurance.
The bank charges you money to keep your money in the bank.
People cannot have both a checking and a savings account.
4
When you take your money out of the bank it is called a
withdrawal
deposit
balance
insurance
5
An account that allows a customer to save money and earn interest at the bank.
savings
checking
debit
credit
6
Sandy made $8.50 but she spent $6.38. What is her profit?
$2.12
$14.88
$14.98
$2.02
7
Your ______________ is how much money you have left in your account at the bank.
deposit
balance
withdrawal
interest
8
A withdrawal is ____________________.
money put in an account
money taken out of an account
a savings account
a checking account
9
Money placed into a checking or savings account at a bank.
balance
deposit
interest
budget
10
A ____________ expense is a cost that stays the same each month.
costly
variable
fun
fixed
11
An organized plan developed for how to spend and save money is called a ________.
Bank
Savings account
Checking account
Budget
12
If a bank is robbed they have ______ to reapy people their money
insurance
interest
withdrawal
balance
13
Which statement about banks is false?
Banks charge you money when you open a savings account.
Banks have two major types of accounts- saving and checking.
Banks can give out loans.
Banks give you interest when you keep your money there.
14
When you spend more money than what you have in your bank it is called
overdraw
deposit
withdrawal
balance
15
The money you make from your job is called your
income
overdraw
balance
allowance
