Financial Literacy

Going to work at a job is a way to....

• get fired

• earn money

• make new friends

• buy a motorcycle

Monica has a store selling her special t shirts. Everyone wants her shirts. Because there is a great demand for the shirts, Monica can....

• make more shirts

• lower the price of the shirts

• raise the price of the shirts

• sell matching shoes

Money that you make is called...

• income
• variable expense
• propery taxes
• fixed expense

What helps you save money regularly so you can reach your goals? 

• Human Capital 
• Credit 
• Savings Plan 
• Salary 

What is the money called that is paid by a borrower to a lender for the use of the lender's money?

• Income
• Credit 
• Interest
• Purchase

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

• Income
• Credit
• Interest 
• Lend 

Allowing goods and services to be used now with a promise of payment in the future.

• credit
• bankruptcy
• debtor
• foreclosure

When you owe money it is called: 

• Expenses
• Debt
• Assets
• Liabilities

What is the value of these coins?

• 31¢
• 61¢
• 70¢
• 46¢

Dana used the money shown to buy a snack.

• $1.37

• $1.32

• $1.40

• $1.27