4th grade Financial Literacy Vocab

Income - Expenses = ??

• income

• profit

• expense

expenses that occur regularly but vary month to month and can usually be controlled by an individual

• expense

• income

• variable expense

• fixed expense

money that is made in a business after all costs and expenses are paid

• expense

• income

• profit

money earned

• expense

• profit

• income

expenses that occur regularly and do not vary month to month

• income

• fixed expense

• variable expense

• profit

Graham Savings and Loan, Cierra Bank, Interbank, First National Bank, Wells Fargo.....are examples of what?

• income

• expense

• financial institution

• profit

These are examples of what?

Rent, Loans, car payment

• Fixed Expenses

• Variable expenses

These are examples of what?

groceries, electric bill, water bill

• fixed expenses

• variable expenses

a bank or credit union

• Expense

• Income

• Profit

• Financial Institution

Payment for goods and services

• expense

• income

• profit

• financial institution