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

Something that I can purchase and use

paying directly out of your bank account

putting aside some money for later

Something I pay someone to do for me

Grade 4 Financial Literacy Flashcards

1

Financial Literacy is

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

2

Investing means:

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

3

Ways I can pay for an item:

All of these
Credit Card
Cash
Debit Card

4

A good is...

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

5

Donating is a choice

True
False

6

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

good
service

7

Debit cards mean

paying directly out of your bank account
borrowing the money

8

Donating means:

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

9

Saving means:

putting aside some money for later
spending your money right away

10

Credit cards mean

paying right away out of the bank
borrowing the money

11

A service is...

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

12

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

False
True

13

We earn money by:

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

14

Buying a new watch is a ...

good
service

15

Being smart with your money means

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

Grade 4 Financial Literacy

Questions 15

Grade 4 Financial Literacy

Questions 15