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Financial literacy Flashcards | StudBud
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Financial literacy
Financial literacy
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StudBud Administration
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141 plays
#math #financial #literacy #7th grade
Flashcards
5 cards
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Practice quiz
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Questions
5
Answers
1
Pay bills on time.
Pay yourself first.
Avoid overdraft fees. These are tips for what?
Responsible financial behavior.
Wht a badger can do.
Methods of payment.
Collage savings plans.
2
What are some disadvantages to using cash as a method of payment?
It's green, gives paper cuts, smells bad
online purchases impossible, little proof of purchase
Nothing, cash is perfect.
Hard to handle, not enough in the world, easy to lose
3
What are some advatages to a credit card?
saves time, ability to buy online
easy to carry, easy to use, PIN protected,
easy to carry, offer rewards, can improve credit score
Not mentioned
4
What can a budget do?
Cut spending, spend wisely And Save for a car vacation etc.
Plans for expected costs and unexpected cost.
All of the above
develop money management skills and responsibility
5
Borrowing money by using money that is loaned to you and is paid back with
________
Interest
Change
A bank deposit
A herd of elephants
