Financial Literacy

Jenny takes 3 dollars from her allowance and puts it in her piggy bank on her shelf. This is an example of.....

• Spending

• Saving

• Interest

• Giving

I borrowed $6,000 from the bank to build a shed in the back yard. I had to pay that money back with ___________

• Resources

• Cash

• Interest

Tags

CCSS.7.RP.A.3

These are all examples of planned spending

• gas for the car

• trip to dentist for a cavity

• groceries for the family

I will make more _______ if I have experience and skills.

• Income

• Credit

• Expense

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Collecting toys at Christmas for children without homes is an example of

• Spending

• Resources

• Charitable Giving

If I buy something on CREDIT I pay for it....

• LATER

• NOW

Resources are...

• money you plan to spend

• giving money to help others

• goods and services

True or False.....

I HAVE to spend money on both needs and wants

• True

• False

Unplanned spending is different then planned spending because...

• You do not expect it

• You already have money put aside for this

To spend money I must earn ____________.

• Credit

• Income

• Interest

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C