Putting your money into a stock or bond to make more money later

paying directly out of your bank account

Something that I can purchase and use

Something I pay someone to do for me

putting aside some money for later

Grade 4 Financial Literacy Flashcards

1

Donating means:

giving money to people in need
spending all your money right away
putting money in stocks or bonds
putting aside some money for later

2

We earn money by:

completing chores for an allowance
Selling goods
Selling services
all of these

3

Investing means:

spending your money right away
Putting your money into a stock or bond to make more money later

4

Debit cards mean

borrowing the money
paying directly out of your bank account

5

Getting your hair cut at a salon is a ...

service
good

6

If you only make $100, you have enough to pay for a $200 item right away

False
True

7

A good is...

Something I pay someone to do for me
Something that I can purchase and use
Something someone does for me as a favour
Something that I like

8

A service is...

Something I pay someone to do for me
Something I like
Something I can purchase and use
Something someone does for me as a favour

9

Ways I can pay for an item:

Credit Card
Cash
All of these
Debit Card

10

Buying a new watch is a ...

service
good

11

Credit cards mean

paying right away out of the bank
borrowing the money

12

Being smart with your money means

only saving all of your money
spending all the time without thinking
recording your spending and saving something
By just not working so I don't have to worry about money :/

13

Saving means:

putting aside some money for later
spending your money right away

14

Donating is a choice

True
False

15

Financial Literacy is

Learning how to be smart with our money
Learning how to count money
Learning how to earn, spend, save, donate and invest money
All of them

Grade 4 Financial Literacy

Questions 15

Grade 4 Financial Literacy

Questions 15