Financial Literacy Quiz

Money earned.

When you know that you know you have to give money to someone in exchange for something else.

This helps you save money regularly so you can reach your goal.

The work that a person does.

The amount of money you earn by doing a job for another person or business.

Things that are produced and used.

When you give someone else money that needs to be paid back.

When you pay for something with money that you borrow and must pay back, usually with interest.

The money paid by a borrower to a lender for the use of the lender's money.

To obtain by paying for an item or a service.

When another person gives you money that you will need to pay back.

When you do not expect that you have to give someone else money in exchange for something.