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Duplicate of Financial Literacy Flashcards | StudBud
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Duplicate of Financial Literacy
Duplicate of Financial Literacy
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Money Vocabulary #money #moneyvocabulary
Flashcards
15 cards
F
Practice quiz
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Questions
15
Answers
1
Something that is essential to life or the successs of your life
Need
Money
Want
Fortnite
2
This is an example of a Want:
Gas for your car
Fruit and vegetables
Lambo
Internet/Wifi access
3
Payment for work
Cash
French Fries
Salary
Taxes
4
an agreement by which a student borrows money from a bank to pay back after graduation
FAFSA
Merit Based Aid
Student Loan
Bright Futures
5
A bank deposit against which checks can be drawn by the depositor
Savings Account
Bank of Make America Great Again
Checking Account
Loan
6
A plan for maintaining cash flow; a record of income and expenses
Check Register
Budget
Cash Flow Plan
Outline for AP Human
7
A card that accesses open-ended credit; that charges interest
Frequent Flyer Card
Credit Card
Debit Card
Birthday Card
8
an account that allows deposits and withdrawals and usually pays interest
Parents
Stocks
Checking Account
Savings Account
9
An amount of money owed
Money
Debt
Expense
IOU
10
This is an example of a Need:
Cellphone
Brand new truck
Going to see "Avengers: Infinity War" in the theater
Easter candy
11
A loan to buy real estate
Loan
Rent
Mortgage
Just live in your mom's basement
12
Money earned by working or investing
Not enough?
Checking Account
Income
Asset
13
A valuable possession such as property, business equipment, real estate, or stocks
Assest
Income
Checking Account
Dolla bills
14
What should a balance NEVER be?
Positive
Zero
Invisible
Negative
15
Something you have a desire to have
Friends
Money
Need
Want
