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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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Flashcards
7 cards
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Questions
7
Answers
1
Minimum wage is the same for all ages
False
True
2
Expenses are
money coming in
an outgoing of money
3
A wage is a payment for work done.
True
False
4
Financial literacy
make informed and effective decisions with all of their money
be able to read financial times
5
Why do we need financial literacy?
No, money is for using.
Yes, to help me manage my money.
6
A budget helps me to ___
All of the above
Live within your income
to plan, organize, track, and improve your financial situation
Develop money management skills
7
Income is
money earned
money received
salary
all of the above