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Financial Literacy Flashcards | StudBud

Explore/Financial Literacy

Financial Literacy

9 terms·StudBud Administration·42 plays

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Questions 9

Answers

1
Read
withdrawal
spending
deposit
loan
2
Read
loaning
borrowing
withdrawing
lending
3
How much money does Oliver have saved after 3 weeks?
$67
$15
$64
$16
4
Read
DeAnthony used all of his money and does not have any money left
DeAnthony has decided to give away all of the money
DeAnthony has decided to save his money instead of spending it
5
Read
withdrawal
saving
deposit
spending
6
Read
producer
borrower
consumer
saver
7
Which of the choices is an example of responsible borrowing?
Never returning a dollar to the person from whom you borrowed it
Returning a video game to the owner without any damage
Returning money that was borrowed later than you agreed to return it
Returning a broken pencil to the owner
8
Which choice is a possible cost of lending a friend $5?
Getting back more than $5 from the person you lent money
Helping a friend in need
Not having enough to buy breakfast
Getting your $5 back the next day
9
Which of these is NOT an example of lending?
Allowing your brother to use your bicycle
Giving your friend a pencil to use during class and then give back to you
Letting your sister use $10 to spend but asking her to pay you back
Spending money at the store for a bicycle