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Personal Financial Literacy Flashcards | StudBud
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Personal Financial Literacy
Personal Financial Literacy
20 terms
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Personal Financial literacy
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Anthony spent $37, shared $13.25, and saved $19.75. How much money did Anthony have to start?
$60
$70
$71
$69
2
Wyatt wants to save $400. If he earns $10 a week, how many weeks will it take him to save $400?
44
40
400
4
3
David earns $8 per week. He wants to buy a bike for $128. How many weeks will he need to save?
13 weeks
18 weeks
16 weeks
14 weeks
4
______________ are expenses that stay the same every month and do not change.
fixed expenses
variable expenses
income
payments
5
Gabi has $30. She spends $18.50, shares $5.25, and saves the rest. How much does Gabi save?
$7.50
$7.25
$6.75
$6.25
6
Money paid to buy the things you need and want is called ___________.
saving
sharing
spending
giving
7
______________ are expenses that change from month to month and do not stay the same.
income
variable expenses
payments
fixed expenses
8
Money put aside to use at a later time is called _____________.
saving
spending
giving
sharing
9
Which of these is a variable expense?
Concert Tickets
Internet Bill
Rent
Car Insurance
10
The amount of money made after all the expenses are paid is called ______________.
expenses
income
profit
budget
11
McKayla paid $12.83 for lunch. She paid with a $20 bill. How much change did she receive?
$8.13
$8.17
$7.27
$7.17
12
Natalie earned $133 dollars in 7 weeks. How much did she earn each week?
$16
$17
$19
$18
13
Kylie has $75. She saves $23, shares $15, and spends the rest. How much did Kylie spend?
$38
$39
$37
$47
14
Zoe bought new clothes for $17.75 and paid with a 20 dollar bill. How much change did she get?
$3.50
$2.25
$2.75
$3.25
15
Nick earned $20. He spent $6 on lunch and $8 on a movie. How much did he have left?
$7
$5
$6
$8
16
________ is the amount of money you earn every month by doing a job or receiving allowance.
expenses
budget
payments
income
17
Dylan sold $48 at his lemonade stand. He spent $16 on supplies. How much was his total profit?
$34
$16
$32
$48
18
A
financial plan
that helps you determine how to save and spend your money is called a _______.
plan
budget
expense
bank
19
A place that helps us safely store, organize, and manage our money is called a _______________.
currency shop
money plant
financial institution
grocery store
20
Which of these is a fixed expense?
Money for Movie Tickets
Gas for a Road Trip
Groceries
Rent