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2nd Grade Financial Literacy Flashcards | StudBud
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2nd Grade Financial Literacy
2nd Grade Financial Literacy
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This covers the Texas TEKS: 2.11B, 2.11E, 2.11D, 2.11C.
Flashcards
16 cards
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Practice quiz
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Questions
16
Answers
1
Liz had $50. Now she has $15. Did Liz save her money or spend her money?
saving money
spending money
2
Governments collect these to pay for streets, schools, police, libraries and the military.
goods
services
taxes
leaves
3
Tyler had $13. Now he has $20. Did he save his money or spend it?
saving money
spending money
4
David bought groceries at Kroger for $49.
withdrawal
deposit
5
Lauren made necklaces to sell at a craft show. Is she a producer or a consumer?
producer
consumer
6
Which could be a reason why you might lend a friend something?
The take care of things and return things.
They lose things a lot.
They are your best friend.
7
Larry had $74. Now he has $43. Did he spend his money or save his money?
spending money
saving money
8
What happens when you
spend
money? Does the amount of money increase, decrease or stay the same
decrease
stay the same
increase
9
David borrows a book from a friend and returned it. Responsible or Irresponsible?
responsible
irresponsible
10
The amount of money someone makes is called their....
income
bank
cash
good
11
Sam borrows $5 from Bob, but is not sure when she can pay him back.
responsible
irresponsible
12
If you want to save money, what should you do it?
keep it in your wallet
spend it
give it away
put in the bank
13
What would be the most important thing to buy with money you earned?
iPad
coke
food
football
14
What is it called whenyou put money away in a safe place to be used at a later point?
saving
earning
giving
spending
15
Stephanie earned $199 for working & put it in the bank. Is that a withdrawal or deposit?
withdrawal
deposit
16
Kylie bought some fruit from the store? Is she a producer or a consumer?
producer
consumer