I1 L11 2022 Financial Literacy

Amount of money that people pay the government according to their income. A % of their earnings.

Financing means you take out a loan in order to buy something, then pay it back over time.

Getting a "return" on an investment is always a good thing.

What is a "Savings Account"

Which show is this character from?

Different investments present different levels of risk and return.

Becoming financially literate allows you to __

Becoming financially literate means having the _ to make _ with all of your financial resources

When you buy stock, you are buying a piece of the company for the chance to make more money.

When you make an investment, you expect to receive your money back with _________.

What is an example of a "Good"

Compared to teens in other countries, Brazilian teens are above average in financial literacy.

Credit and debit cards are essentially the same thing since they are both are payment cards.

To use money to earn more money Ex. to buy stock in a company, to buy property, etc., in order to make future profit

Becoming financially literate is only important to rich people.