Financial Literacy Concepts

Financial Literacy Concepts

Assessment

Flashcard

Mathematics

7th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

Another word for job

Back

Employment

2.

FLASHCARD QUESTION

Front

Extra money you must pay as a fee for borrowing money

Back

Interest

3.

FLASHCARD QUESTION

Front

How important something is, or how much money you can sell it for

Back

Value

4.

FLASHCARD QUESTION

Front

To receive money for work that you do

Back

Earn

5.

FLASHCARD QUESTION

Front

Money that you owe to someone else, usually because you borrowed it

Back

Debt

6.

FLASHCARD QUESTION

Front

The total amount of money you have after all expenses are paid

Back

Net Income

7.

FLASHCARD QUESTION

Front

The amount of money you earn before any deductions are taken out

Back

Gross Income

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