Financial Literacy

Banks, savings and loans, and credit unions are known as...

• withdrawal

• expenses

• financial institutions

An expense that varies over time is called...

• fixed expense

• profit

• variable expenses

When you put money into a bank account for safe keeping, you are making a ...

• deposit

• withdrawal

• expenses

Tags

CCSS.6.NS.C.5

The amount of money that you have in your bank account is known as a ...

• deposit

• balance

• withdrawal

Tags

CCSS.5.NBT.B.7

An expense that does not change from month to month is called ...

• variable expense

• profit

• fixed expense

Tags

CCSS.3.OA.D.9

The money that you keep after all costs and expenses are paid is called ...

• balance

• profit

• financial institution

Tags

CCSS.6.RP.A.3B

Electricity, gifts, and bike repairs are variable expenses.

• True

• False

The act of taking money out of a bank account is known as a ...

• deposit

• expenses

• withdrawal

Tags

CCSS.7.NS.A.1

Amount of money spent on items needed is called an ...

• expenses

• variable expense

• profit

Tags

CCSS.7.EE.B.3

Rent, insurance, car payment, and Netflix subscriptions are fixed expenses.

• True

• False

Tags

CCSS.7.NS.A.3