Financial Literacy Quiz

If you want to buy something now but pay for it later, you use...

• Debit card

• Credit card

• Check book

• Cash

Money that you add to an account or an amount you put down as a down payment.

• Interest

• Income

• Deposit

• Credit

The amount of money that you earn and can deposit is...

• interest

• income

• budget

• expense

A fixed expense is something that you want to buy (video games, candy).

• True

• False