Personal Financial Literacy

Personal Financial Literacy

Assessment

Flashcard

Mathematics

4th - 5th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What is putting money aside from current income to buy something in the future called?

Back

Saving

2.

FLASHCARD QUESTION

Front

What do we call it when your expenses and income are equal?

Back

Balanced budget

3.

FLASHCARD QUESTION

Front

What is the current amount of money in your bank account called?

Back

Balance

4.

FLASHCARD QUESTION

Front

What do we call payments using security features on the Internet?

Back

Electronic payment

5.

FLASHCARD QUESTION

Front

What is the money you receive after taxes called?

Back

Net income

6.

FLASHCARD QUESTION

Front

What is the money you earn before taxes called?

Back

Gross income

7.

FLASHCARD QUESTION

Front

What do we call the total amount of money you have available to spend?

Back

Budget

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