Financial Literacy - Middle School 21-30

A _______ is an expense that stays the same each month.

• Fixed Expense

• Variable Expense

• Discretionary Expense

• Irregular Expense

Fill in the blank: The _______ is the money left in an account after spending.

• Balance

• Deposit

• Withdrawal

• Interest

Fill in the blank: A _______ is money you put into an account.

• Deposit

• Withdrawal

• Loan

• Interest

Fill in the blank: A _______ is the process of paying someone or something.

• Payment

• Transaction

• Deposit

• Withdrawal

Fill in the blank: _______ is money paid to the government that supports programs like police protection and fixing roads.

• Tax

• Rent

• Loan

• Donation

Fill in the blank: A _______ is a card issued by a bank that allows a user to buy items and services immediately and pay for the cost later.

• Credit Card

• Debit Card

• Gift Card

• Loyalty Card

Fill in the blank: A _______ is an identification card that is issued by a bank and allows user immediate use of money in their bank account.

• Debit Card

• Credit Card

• Gift Card

• Membership Card

Fill in the blank: _______ is money set aside from your earnings to use at a later time.

• Savings

• Investment

• Expense

• Debt

Fill in the blank: _______ is income received from working, either paid hourly or by salary.

• Wages

• Rent

• Interest

• Dividends

Fill in the blank: _______ is the total amount earned by all employees for a pay period.

• Payroll

• Revenue

• Net Income

• Gross Profit