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Duplicate of Personal Financial Literacy Vocabulary Flashcards | StudBud
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Duplicate of Personal Financial Literacy Vocabulary
Duplicate of Personal Financial Literacy Vocabulary
15 terms
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StudBud Administration
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14 plays
#personalfinancialliteracy #thirdgrade
Flashcards
15 cards
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Questions
15
Answers
1
an amount of money put aside for the future
spending
unplanned spending
planned spending
saving
2
paying money for goods and services you do not expect
unplanned spending
saving
income
planned spending
3
giving things like money, items and time to others and not expecting anything in return
charity
needs
wants
resource
4
things a person wishes to have but can live without
spending
wants
needs
income
5
paying money for goods and services that you expect
planned spending
income
unplanned spending
saving
6
not having enough of a resource
scarcity
demand
needs
availability
7
plenty of resources; there is enough for everyone who wants it
income
resource
availability
scarcity
8
An organization or person that lends money
lender
interest
credit
borrower
9
the knowledge, education, or skills that can be used by a person to earn income --
unplanned spending
labor
income
human capital
10
money earned by doing work
needs
interest
credit
income
11
a way to buy something and pay for it later
saving
interest
income
credit
12
things a person must have to survive
wants
needs
interest
credit
13
money you pay when you borrow money
interest
credit
supply
income
14
Work or service performed by people for wages that provide goods or services for others...
planned spending
income
human capital
labor
15
putting money aside on a regular basis in order to reach a goal
savings plan
profit
income
cost
