Financial Literacy Vocabulary Quiz

A way to buy something and pay for it later

• Income

• Credit

• Interest 

• Lend 

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

The amount of something available to buy is called __________.

• supply

• demand

• income

• charity

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Mowing the lawn, washing the dishes, and walking your pet are all types of ___________ (work you can do for money).

• Earn

• Human Capital

• Labor

• Interest

Tags

CCSS.L.4.6

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.W.4.2D

CCSS.W.5.2D

What is the money you receive from doing work?

• Income

• Spend

• Earn

• Labor

Tags

CCSS.L.4.6

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.W.4.2D

CCSS.W.5.2D

_________ means to put money aside to use in the future.

• Save

• Spen

• Earn

• Borrow

Tags

CCSS.L.3.2E

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.5.6

CCSS.L.6.6

What is a plan for how you will use your money?

• Savings

• Spend

• Budget

• Income

What is the meaning of charity?

• showing disrespect to people

• giving money to help others

• buying goods and services from the store

• selling a good or service

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

__________ is extra money you pay when you borrow money.

• Credit

• Loan

• Interest

• Deposit

Tiffany went to the mall to __________ her allowance.

(Hint: to pay money for goods and services)

• Save

• Earn

• Borrow

• Spend

Tags

CCSS.L.3.2E

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.5.6

CCSS.L.6.6

What does it mean to earn money?

• To put it aside to use in the future.

• To buy something now and pay for it later

• To exchange or pay for goods and services

• To receive payment for work done

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C