financial literacy vocabulary

• Creating a plan for managing income and expenses to meet financial goals.

• Investing

• Budgeting

• Saving

• Credit Score

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

• Setting aside money for future use or emergencies.

• Debt

• Insurance

• Income

• Saving

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

• The process of setting aside funds and making financial decisions to ensure a comfortable retirement.

• Retirement Planning

• Entrepreneurship

• Inflation

• Mortgage

Tags

CCSS.HSA.SSE.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

A payment card that allows the cardholder to borrow funds from a financial institution to make purchases

• Credit Card

• Debit Card

• Check

• Cash

Tags

CCSS.7.RP.A.3

Anything of value owned by an individual or entity, such as cash, property, or investments

• Expense

• Asset

• Mortgage

• Net Worth

• Money earned from various sources, such as employment, investments, or business activities.

• Debt

• Expense

• Asset

• Income

• A numerical representation of a person's creditworthiness, used by lenders to assess the likelihood of repayment.

• Interest Rate

• Credit Score

• Debt

• Insurance

Tags

CCSS.HSS.ID.A.3

CCSS.HSS.ID.A.4

CCSS.HSS.MD.B.5

The percentage charged or earned on a loan or investment, usually expressed annually.

• Interest Rate

• Debt

• Liability

• Budgeting

Tags

CCSS.HSA.SSE.B.4

CCSS.HSF.BF.A.1

CCSS.HSF.IF.B.4

CCSS.HSF.LE.A.1

Money owed to lenders or creditors

• Income

• expense

• debt

• asset

Allocating money into assets with the expectation of earning a profit or generating income over time.

• Saving

• Investing

• Interest rate

• Debt

Tags

CCSS.HSS.MD.B.5