Personal Financial Literacy

Front

What does it mean to lend something?

Back

To lend means to give something to someone temporarily, expecting it to be returned.

Tags

CCSS.RI.1.4

CCSS.RI.2.4

CCSS.RI.3.4

CCSS.RL.3.4

CCSS.RL.4.4

Front

What does it mean to borrow something?

Back

To borrow means to take something from someone with the intention of returning it later.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Front

What is a consumer?

Back

A consumer is a person who buys and uses goods or services.

Tags

CCSS.RI.1.1

CCSS.RI.2.1

CCSS.RL.2.1

CCSS.RL.2.2

CCSS.RL.3.1

Front

What is responsible borrowing?

Back

Responsible borrowing means taking a loan and paying it back on time.

Front

What is irresponsible borrowing?

Back

Irresponsible borrowing means taking a loan and not paying it back on time.

Tags

CCSS.RL.5.6

Front

How much is 3 dollar bills, 3 quarters, 1 dime, and 3 nickels worth?

Back

$4.00

Front

If a lemonade stand sells small cups for $1.00 and large cups for $2.00, how much does Joe pay for a large cup?

Back

Joe pays $2.00 for a large cup.

Tags

CCSS.4.MD.A.2

Front

What is a dollar?

Back

A dollar is a unit of currency used in the United States, worth 100 cents.

Front

What is a quarter?

Back

A quarter is a coin worth 25 cents.

Front

What is a dime?

Back

A dime is a coin worth 10 cents.

Tags

CCSS.4.MD.A.1