Personal Financial Literacy Vocabulary

Front

Lend

Back

To give money or goods, expecting it to be returned.

Tags

CCSS.L.3.2E

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.5.6

CCSS.L.6.2B

Front

Human Capital

Back

The knowledge, skills, and abilities of a person or group of people.

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Front

Saving

Back

Keeping money so it can be used later.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Front

Charity

Back

An organization that helps others in need.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Front

Planned Expense

Back

A cost that is expected and budgeted for, like a phone bill.

Front

Borrow

Back

To take money or goods from someone with the intention of returning it.

Tags

CCSS.L.3.2E

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.5.6

CCSS.L.6.6

Front

Credit

Back

An agreement where a borrower receives something of value and agrees to pay it back later.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Front

Donate

Back

To give money or goods to help others without expecting anything in return.

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.RL.1.4

Front

Expense

Back

Money spent on goods or services.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Front

Budget

Back

A plan for how to spend money.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C