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Financial Literacy Flashcards | StudBud

Explore/Financial Literacy

Which idiom means saving money?

Which idiom means a profitable business?

Financial Literacy

16 terms·StudBud Administration·21 plays

Test your knowledge on managing finances, budgeting, loans, and more in this quiz about financial literacy.

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Questions 16

Answers

1
Which idiom means a profitable business?
In the red
Pinch pennies
Rainy day fund
Cash cow
2
Which idiom means saving money?
Cash cow
In the red
Pinch pennies
Cost a fortune
3
Which term means money not spent?
Expense
Loan
Debt
Savings
4
What is a 'rainy day fund'?
Investment profit
Loan interest
Daily expenses
Emergency savings
5
Which idiom means very expensive?
On a shoestring
Belt-tightening
Ballpark figure
Cost a fortune
6
What is a loan?
Money borrowed
Money earned
Money spent
Money saved
7
What is a 'ballpark figure'?
Small loss
Large profit
Exact number
Approximate estimate
8
What is income?
Money spent
Money saved
Money earned
Money borrowed
9
What does 'belt-tightening' mean?
Spend freely
Increase income
Borrow money
Reduce spending
10
Which idiom means operating with little money?
Cut corners
Cash cow
On a shoestring
Pinch pennies
11
What is credit?
Money saved
Borrowing ability
Money spent
Money earned
12
What does 'money talks' imply?
Money saves
Money borrows
Money spends
Money influences
13
Which term means money owed?
Income
Debt
Profit
Credit
14
True or false: A budget shows only expenses
False
True
15
True or false: Interest is paid for borrowing
True
False
16
What does 'cut corners' mean?
Borrow money
Spend more
Save money
Earn income