Financial Literacy

It's 11:00 at night and you remember that a bill is due tomorrow. You don't have enough money in your checking account. Luckily you can pay with your credit card. What is this?

• saving

• income

• credit

• charitable giving

You earn money for doing chores. Half will go into your account at the bank. What is this?

• saving

• income

• credit

• charitable giving

You really want a game system. Each week you decide to put some of your allowance in a special place in your room. What is this?

• saving

• income

• credit

• charitable giving

You washed your mom's car and then vacuumed it. She paid you $10. What is this?

• saving

• income

• credit

• charitable giving

Your aunt and uncle went to see a movie. You babysat your cousin while they were gone. They paid you $12. What is this?

• saving

• income

• credit

• charitable giving

There is a huge sale at the mall and you want to buy a new pair of jeans. You make the purchase. What is this?

• saving

• income

• spending

• charitable giving

You volunteer at the children's shelter. You decide to leave a donation of winter coats for them. What is this?

• saving

• income

• credit

• charitable giving

Dad needs a new lawnmower but doesn't have enough cash. The store agrees to let him pay it out in 24 monthly payments, but he will have to pay interest. What is this?

• saving

• income

• credit

• charitable giving

You make a $15 deposit at the bank. In 4 months you should have enough for the new shoes you've been wanting. What is this?

• saving

• income

• credit

• charitable giving

Grandma pays you $20 to pull weeds and trim bushes in her backyard. What is this?

• saving

• income

• credit

• charitable giving