Personal Financial Literacy

When you get money from your bank account.

What is happening?

Intangible products such as cleaning, education, insurance, medical treatment, transportation.

What is happening?

Money that you earn.

The amount a customer pays for that product or service.

Is how much of a product is available for purchase at any given time.

The amount a business pays for that product or service.

Things that are not important.

The state of being scarce or in very short supply.

What is happening?

The difference between the price and cost when the business sells an item or service.

Money that you don’t use. You can save it in a bank account or in your piggy bank.

Everything you buy or pay.

Important things that we need to survive.

When you pay with your money.

When you use the banks card. You are borrowing money from the bank.

Become or make greater in size, amount, or cost.

An amount that the bank will charge you for lend you money.

A useful and relatively tangible item like an article, material, merchandise or supply.

A financial charge imposed upon a citizen by the state to fund various public expenditures.

What is happening?

Make or become smaller or fewer in cost.