Financial Literacy

the amount of money you are given from working/selling something

• Earnings (income)

• Expenses

• Profit

Tags

CCSS.7.EE.B.3

the money that is made after paying for the expenses (what you get to keep)

• Earnings (income)

• Expenses

• Profit

Tags

CCSS.7.EE.B.3

things that you need to pay for/buy

• Earnings (income)

• Expenses

• Profit

Tags

CCSS.6.RP.A.3B

a safe place to keep your money at a bank

• savings account

• loan

• interest

• allocate

• financial institution

money that you borrow from the bank

• savings account

• loan

• interest

• allocate

• financial institution

money that you can earn when you lend money or money that you have to pay when you borrow money

• savings account

• loan

• interest

• allocate

• financial institution

Tags

CCSS.5.NBT.A.2

to divide up into groups

• savings account

• loan

• interest

• allocate

• financial institution

another name for a bank

• savings account

• loan

• interest

• allocate

• financial institution

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

things that you need to pay for/buy that stay the same every time

• fixed expense

• variable expense

• budget

things that you need to pay for/buy that change each time

• fixed expense

• variable expense

• budget