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Financial Literacy Vocabulary

Authored by PAULA SCARTH

Life Skills

6th - 8th Grade

14 Questions

CCSS covered

Used 2+ times

Financial Literacy Vocabulary
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount available or owed on an account.

Accounts

Balance

Budget

Cash

Tags

CCSS.6.NS.C.5

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Deciding how to spend your money before you actually spend it.

Account

Balance

Budget

Cash

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank account that allows quick access to money for everyday expenses.

Checking Account

Savings Account

Debit Card

Credit Card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Obtaining something you want with the understanding you'll pay for it later.

Credit

Debit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount removed from your bank account to pay for something.

Credit

Debit

Tags

CCSS.7.NS.A.1A

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount you owe on a loan.

Loan

Borrower

Lender

Debt

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Turning your money over to a financial institution for safekeeping.

Withdrawal

Deposit

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