Financial Literacy Vocabulary
Authored by PAULA SCARTH
Life Skills
6th - 8th Grade
CCSS covered
Used 2+ times
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14 questions
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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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