Financial Literacy

A ___________ is the amount of money left after subtracting taxes and expenses from income.

Dividing up money and other resources.

• Saving

• Loan

• Allocation

• Lend

A ________ expense are expenses that are the same each month.

_________ is keeping money so you can use it later.

Using money in exchange for goods.

• Spending

• Saving

• Lend

• Loan

Money borrowed based on certain conditions; usually paid back with interest.

• Lend

• Loan

• Interest

• Financial Institution

__________ is to give money or other goods, expecting it to be returned.

________ to get money or goods that will have to be returned from a bank or person.

A _______ expense are expenses that might change each month.

A charge that is paid to a lender in return for borrowing money.

• Loan

• Borrow

• Spending

• Interest