Financial Literacy Quiz

__________ is the work that a person does.

• Salary

• Income

• Wages

• Labor

You __________ money when another person gives you money that you will need to pay back.

• Borrow
• Lend

• Give

• Take

Your __________ is the amount of money you earn by being self-employed or by doing a job for another person or business.

• Income
• Salary

• Wages

• Labor

To __________ is to obtain by paying for an item or a service.

• Purchase

• Charge

• Credit

• Donate

A __________ helps you save money regularly so you can reach your goals.

• Budget

• Service

• Demand

• Savings Plan

You __________ money when you give someone else money that needs to be paid back.

• Borrow

• Purchase

• Lend

• Acquire

__________ is money earned.

• Salary

• Wages

• Income

• Jobs

When you __________ money, you give it to someone else in exchange for something.

• Spend
• Purchase

• Loan

• Borrow

_______________ are things that are produced and used.

• Consumer

• Wages

• Interest

• Resources

_______________ is paying for something with money that you borrow and must pay back, usually with interest.

• Savings

• Credit

• Debit

• Borrow