*** 3RD MATH VOCABULARY - Financial Literacy Vocab

 money earned for working

• Income

• Scarcity

• Cost

• Resources

natural or man-made materials

• Income

• Scarcity

• Cost

• Resources

Something that is hard to find

• Income

• Scarcity

• Cost

• Resources

The price of something

• Income

• Scarcity

• Cost

• Resources

setting aside money earned or received for future use

• saving

• spend

• borrow

• human capital/labor

purchasing goods and services to satisfy wants and needs

• saving

• spend

• borrow

• human capital/labor

abilities, skills, and education that helps to make a worker more valuable and more productive for the company or organization

• saving

• spend

• borrow

• human capital/labor

take and use (something that belongs to someone else) with the intention of returning it.

• saving

• spend

• borrow

• human capital/labor

obtain (money) in return for labor or services.

• earn

• loan

• budget

• barter

a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

• earn

• loan

• budget

• barter