Financial Literacy Day!

Having enough money to cover all of your expenses means you have ____.

One major problem with using credit cards is that people

If you use your credit card, you should

___ is when the price of goods and services increases, while the purchasing power of money decreases.

Kathryn has saved $1,000 for a vacation but instead has to use the money for a car repair. This is an example of ____.

Which of the following would be a good reason to use money out of your emergency fund?

What's the best way to know you're getting a good deal on what you're buying?

Chloe just got her first job! She needs to pay the following first

Mike just started working at his new job. His salary is $3,200 per month. Mike does not pay taxes from his salary.

___ is the amount of money an employee receives over a specific period of time for performing the duties of their job

If you have a savings account, how can making savings automatic save you time?

Sometimes the US government is known affectionately by what nickname?

Kathy had the goal to make all As and Bs in school all year. What reason would Kathy want to set goals for school?

People who are paid by the hour earn a salary

Using too much money and debt to live the same way as family and friends is called "keeping up with the Jones's"

What would be the first step to making finances automatic?

______ is the practice of automatically depositing a set amount into a savings account as soon as you receive a paycheck

When paying taxes in the U.S., the more money you make,

What are the main reasons to save money?

Paying with a ______ takes cash out of your checking account

Unemployment and inflation rates are examples of ____ that may affect an individual's income.

What is an example of interest that benefits you?

It is important to save money whether you have $5 or $500 of income?

What is the definition of a stock?

What are the features of an effective budget?

People who do not understand the difference between _____ usually struggle with money problems.

Which of the following is an example of a good financial habit?

A person will always be able to correctly predict every possible expense in a budget

A _____ is a plan for how you will spend your money.

It is impossible to save money when you have a small income

The condition of having unlimited wants but limited resources is called