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