Prada - Financial Literacy

David earns $8 per week. He wants to buy a bike for $40. How many weeks will he need to save?

What is the purpose of a financial institution?

A place that helps us safely store, organize, and manage our money is called a _______________.

Nick earned $20. He spent $6 on lunch and $8 on a movie. How much did he have left?

______________ are expenses that change from month to month and do not stay the same. 

Which of these is a variable expense?

Which one is not considered a financial institution?

What do we call selling a good or providing a service?

______________ are expenses that stay the same every month and do not change. 

Dylan sold $36 at his snack stand. He spent $6 on supplies. How much was his profit? (Profit = Income - Expenses)

Which of these is a fixed expense?

________ is the amount of money you earn every month by doing a job or receiving allowance. 

The amount of money made after all the expenses are paid is called ______________.

Money paid to buy the things you need and want is called ___________.

Money put aside to use at a later time is called _____________.

Zoe bought new clothes for $16 and paid with a 20 dollar bill. How much change did she get?

Wyatt wants to save $400. If he earns $10 a week, how many weeks will it take him to save $400?

Mia made $100 working in her food truck. She spent $60 on supplies. How much was her profit?(Profit = Income - Expenses)