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#PF1.Q1 Banzai Jr Personal Finance Vocabulary #1

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

_________ is money you earn from work you do.


SYNONYMS

earnings, salary, pay, wage

a)

outcome

b)

income

c)

debit

2.

Name an example of income

a)

Your allowance

b)

Birthday money

c)

Money you make from a job

d)

All of the above

3.

_______________ are what you spend money on.


SYNONYMS

cost, expenditures, bills

a)

expenses

b)

credits

c)

savings

d)

money jars

4.

How much money is this in coins?

a)

27 ¢

b)

85 ¢

c)

75 ¢

d)

87 ¢

5.

Money borrowed from someone else with the expectation of paying it back.


SYNONYMS

credit, advance

a)

cash

b)

borrow

c)

loan

d)

jar

6.

The amount owed on a loan.


SYNONYMS

bill, accounts, tab, arrears

a)

debt

b)

debit

c)

income

d)

expenses

7.

An important expense for your job.


SYNONYMS

business costs, bills, operating costs

a)

income

b)

credits

c)

business income

d)

business expense

8.

What is the best way to pay for business expenses?

a)

Taking a loan from your parents

b)

Using your allowance money

c)

Using money made from your business

d)

Using supplies from your mom's pantry

9.

_______________ is an amount charged for borrowing money, or, paid to you for lending it.


SYNONYMS

dividends, return

a)

interest

b)

debit

c)

debt

d)

income

10.

By issuing a ____________ to your bank, you turn your cash over for safe-keeping.


SYNONYMS

payment, bank, store away

a)

withdrawal

b)

deposit

c)

expense

d)

income

11.

How much change do I have?

a)

82 cents

b)

65 cents

c)

35 cents

d)

25 cents

12.

How much change do I have?

a)

15 cents

b)

25 cents

c)

45 cents

d)

27 cents