3rd Financial Literacy Vocab

___________ is paying money for goods such as food and clothes or services such as a haircut.

• Spending
• Income
• Loan

___________ is money earned for work people do. 

• Loan
• Income
• Interest

__________ is paying money for goods and services yo do not expect. 

• Credit
• Loan
• Unplanned Spending
• Planned Spending

___________ is money you pay when you borrow money, or money you receive for lending money. 

• Loan
• Credit
• Unplanned spending
• Interest

__________ is paying money for goods and services you expect. 

• Planned spending
• Unplanned spending

When you buy something on _________, you pay it later.

• Interest
• Credit
• Saving

___________ are things used to produce goods and services. 

• Resources
• Costs

_________ is putting money aside to use in the future. 

• Loan
• Saving
• Spending

__________ is giving money to help others. 

• Charity
• Spending
• Saving