personal finance

personal finance

Assessment

Flashcard

Social Studies

6th - 7th Grade

Hard

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14 questions

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1.

FLASHCARD QUESTION

Front

Budget

Back

Money used to buy and pay for household items, such as electricity and groceries

2.

FLASHCARD QUESTION

Front

What is Income?

Back

Money you worked for

3.

FLASHCARD QUESTION

Front

What is spending?

Back

money you use to buy things

4.

FLASHCARD QUESTION

Front

What is credit?

Back

when you buy something and pay for it later

5.

FLASHCARD QUESTION

Front

What is a savings?

Back

Money set aside for later use

6.

FLASHCARD QUESTION

Front

What is debt?

Back

Money you borrowed and has not repaid

7.

FLASHCARD QUESTION

Front

What is a credit card?

Back

A card issued by a bank to purchase goods from a line of credit they approve and you pay back each month

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