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Worksheets

Financial Literacy

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

the amount of money you are given from working/selling something

a)

Earnings (income)

b)

Expenses

c)

Profit

2.

the money that is made after paying for the expenses (what you get to keep)

a)

Earnings (income)

b)

Expenses

c)

Profit

3.

things that you need to pay for/buy

a)

Earnings (income)

b)

Expenses

c)

Profit

4.

a safe place to keep your money at a bank

a)

savings account

b)

loan

c)

interest

d)

allocate

e)

financial institution

5.

money that you borrow from the bank

a)

savings account

b)

loan

c)

interest

d)

allocate

e)

financial institution

6.

money that you can earn when you lend money or money that you have to pay when you borrow money

a)

savings account

b)

loan

c)

interest

d)

allocate

e)

financial institution

7.

to divide up into groups

a)

savings account

b)

loan

c)

interest

d)

allocate

e)

financial institution

8.

another name for a bank

a)

savings account

b)

loan

c)

interest

d)

allocate

e)

financial institution

9.

things that you need to pay for/buy that stay the same every time

a)

fixed expense

b)

variable expense

c)

budget

10.

things that you need to pay for/buy that change each time

a)

fixed expense

b)

variable expense

c)

budget

11.

a way to add up and organize all of your expenses with your income in mind

a)

fixed expense

b)

variable expense

c)

budget