Unit 4: Financial Literacy

_ is the management of large amounts of money.

an agreement to lend money to institutions for a higher interest than a savings account

• Checking Account

• Stock

• Bond

• High Savings Account

Which of the following is an example of a fixed expense?

• Car note

• Takeout and food delivery expenses

• Electric bill

• Clothing and shoes

A _ is a a plan for spending money for specific purposes and periods of time

things you must have to survive like food and shelter are called _.

payment for work by the hour or task completed is called a

• wage

• salary

• stipend

• loan

Which career cluster includes occupations like machinists, welders, and automotive designers?

• Architecture and Construction

• Finance

• Manufacturing

• Human Services

Which career cluster includes occupations like economists and investment bankers?

• Architecture and Construction

• Finance

• Manufacturing

• Human Services

Which of the following refers to the amount of money that you can borrow

• Debit

• Minimum payment

• Mortgage

• Credit

Which of the following is an example of a salary?

• $67,000/year

• $17/hour

• $1,500/project

• 9 to 5