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WorksheetsFinancial Literacy
Total questions: 18
Worksheet time: 9mins
An item that can be purchased by a consumer... you can actually hold or touch it
needs
goods
services
wants
Something people or businesses do for other people for payment
needs
goods
services
wants
A WANT is something that you cannot live without. You must have it to stay alive and well.
True
False
A WANT is something that you can live without but it is nice to have and it makes you happy.
True
False
To give something away for a good cause
charity
donate
support
deposit
A business where people deposit and withdraw their money and borrow money
Bank
City Hall
School
Library
Money put into your bank account. When you make one, your account balance goes up.
withdraw
loan
debt
deposit
Money taken out of your account, when you make one, your account balance goes down.
withdraw
loan
debt
deposit
A type of account held at a bank that earns interest
checking account
savings account
credit card
debit card
A type of account that allows you to easily deposit and withdraw money for daily transactions
checking account
savings account
debit card
credit card
A plan that you make to keep track of your money and where it's going
loan
debt
budget
interest
Something that is borrowed, often money, which has to be paid back with interest
deposit
interest
loan
withdraw
Amount of money that you owe someone that needs to be paid back
late fee
interest
debt
savings
Like a digital wallet, this card takes money from your account when a purchase is made
credit card
debit card
A fee paid for borrowing money or money earned on a savings account
credit
debit
debt
interest
A card that allows you to buy now and pay later, BUT it comes with greater risks
credit card
debit card
Individuals or companies that create or provide a certain good or service
Producers
Consumers
The people who buy goods and services
Producers
Consumers
