Financial Literacy Flashcard

Front

__________ is the work that a person does.

Back

Labor

Front

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

Back

Borrow

Front

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

Back

Income

Front

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

Back

Purchase

Front

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

Back

Savings Plan

Front

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

Back

Lend

Front

__________ is money earned.

Back

Income

Front

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

Back

Spend

Front

_______________ are things that are produced and used.

Back

Resources

Front

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

Back

Credit