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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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A #ProfessionalCommunications #Quiz to introduce #FinancialLiteracy to #8thgrade
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
A payment charged when an individual takes out more money then they have in their bank account.
Overdraft Fee
Interest
Loan
Interest Rate
2
You owe money to a person or company.
Debt
credit
lease
Asset
3
The capability of people to make good decisions in regards to personal finance.
credit score/ FICO
Budgest
Insurance
Financial Literacy
4
Services that are rendered by companies that allow people to live comfortably.
Mortgage
Utilities
Credit
Loan
5
A company or person that someone is indebted to.
Mortgage
Creditors
Expenses
loan
6
A schedule for how money will be spent during a specific time period.
Loan
Credit
Financial Literacy
Budget
7
A legal correspondence that lets someone use something in return for remittance.
Asset
Creditors
Lease
insurance
8
To sign a paper in order to guarantee a commitment or loan.
Utilities
Assets
Debt
Co-sign
9
Money that is received before taxes are paid.
Gross Pay
Interest Rate
Net pay/ Take-home pay
credit score/FICO
10
A governmental fee put on acquisitions , property, or income that supports the government.
Interest
registry
Taxes
Co-sign