Personal Financial Literacy Vocabulary Review

Matthew wants a puppy that is $300 but only has $215. He should ____ his money.

A person who buys goods or services

the amount of money not used or spent; put away for later

Ms. Sadri's class wants to go on a field trip. They need $350, they have $419. Should they spend or save their money?

Someone who makes/grows/ or sells a good or service is called a _________________.

To put money into your bank account

To take money OUT of your bank account

To put money INTO your bank account is called _______________.

Jack and Jill went up the hill to buy a pail of water. It costs $10, and they have $12 so they should ______.

To use money to pay for something

Greg has decided that he wants to buy bike that costs $125 and he only has $75. Does he need to spend or save his money?

to take or receive something with the promise of returning it is called _______________________

Raul is going to a birthday party on Friday. He has $12 and hasn't gotten a gift yet. Does he need to spend or save?

To USE money to pay for something is called __________.

The amount of money not used, to put away for later is called _______________.

Julie wants to buy an new outfit for her friend's party. She has $48 and the outfit costs $58. What does she need to do?

Someone who makes or grows goods; Offers service is called a ______________

To give for a certain period of time

To take money OUT of your bank account is called ____________.

Thor and the Hulk are going to the movies. Thor has $6 and the movie is $9. What should Thor have done?

A person who buys goods or services