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