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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
20 terms
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StudBud Administration
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73 plays
Math - Financial literacy
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
The value of your assets minus your liabilities
savings
liabilities
net worth
income
2
a family plan for spending
family budget
shopping spree
interest
rebate
3
Your individual plan for spending
staying poor
think and grow rich
personal budget
family budget
4
Financial reasons, like sales, rebates, and coupons to buy an item
sales tax
monetary incentives
variable expenses
income
5
A plan for spending
sales taxes
compound interest
Christmas shopping
budget
6
income
a financial gain from capital investments or labor
items you own
Debts owed by you or your business
7
The amount you pay or earn for the use of money. The formula is I=prt
variable expenses
compound interest
fixed expenses
simple interest
8
a rebate is
A Plan for spending
your costs that do not change
A partial return or refund on the amount you paid
A voucher entitling you to a cash refund
9
Interest paid on the initial principal and on interest earned in the past
simple interest
compound interest
10
Debts owed by you or your business
income
assets
liabilities
sales tax
11
Payment to you for your services or labor.
rebate
budget
wages
assets
12
Debts owed by you or your business
expenses
liabilities
coupons
assets
13
Coupon
A voucher entitling you to a cash refund
a financial gain from capital investments or labor
Interest paid on the initial principal
14
The taxes you pay on net income or business
liabilities
expenses
wages
income taxes
15
An additional amount of money charged on items that goes to our government
sales tax
liabilities
income
assets
16
A financial gain from investments or labor
rebate
expenses
income
wages
17
Costs that do change based on the amount used.
ney worth
fixed expenses
taxes
variable expenses
18
The cost required to buy an item or service
wages
net worth
budget
Expenses
19
fixed expenses
costs that change
the value of your assets
your costs that DO NOT change
buying Junk food
20
Items you own
net worth
assets
budgets
laibilities
