2023 Financial Literacy Review

Patty had $110 in receipts and $90 in expenses. What is her profit?

A car payment is an example of...

Financial institutions securely hold your deposits.

Morgan expenses were $1,567 on food for her food truck buisness. She has $4,567 in reciepts. What was her profit?

The purpose of a bank is to spend your money.

Financial institutions can lend you money for buying a home or an automobile or for educational purposes.

Rent is an example of...

Money used to buy tickets to a baseball game is an example of...

Jane spent $56.00 on materials. She sold five necklaces for $10 each. What was her profit?

Ms. Gluck goes to out to get sushi for dinner. This is an example of...

Gasoline to get to work is an example of...

Banks can use money from certain accounts for investments and loans

By keeping money in a bank or credit union, you can earn extra money through interest.

Aaron gets a weekly allowance, He wants to manage his financial resources. What should he NOT DO?

A bank will

Where is the best place to keep your money safe?

Shirley wants to save money. She wants it to be safe, get interest, and get to it easily. Where should she keep it?