Life Skills Time Management

Banks charge a fee when you borrow money. This is called

(a)  

• interest
• deposit
• expense
• saving

Tags

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

What does deposit mean?

• remove

• take away

• put into

• spilled

Tags

CCSS.1.OA.A.1

What does withdraw mean?

• put into

• transaction

• write a check

• remove

Tags

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RL.11-12.4

CCSS.RL.8.4

CCSS.RL.9-10.4

Why would you put your money in the bank?

• It's safer because it is insured
• To make more money by earning interest
• All of the above

At the end of the month, the money Tam hasn't spent is called his ________.

• Spent quickly

• Income

• Savings

• Expenses

Tags

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

Flat tire repair -

• Fixed expense
• Variable expense

Monthly Netflix bill

• Fixed expense
• Variable expense

to work in exchange for payment

• opportunity cost
• save
• earn
• expense

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

to put aside money for future or unplanned needs or wants

• wage
• salary
• save
• profit

a regular payment, usually hourly or weekly, paid to a worker by an employer

• spending
• supply
• wage
• expense

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4