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WorksheetsPersonal Financial Literacy
Total questions: 12
Worksheet time: 6mins
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
credit
debit
profit
budget
A plan for spending money over time is called a -
earn
deposit
dime
budget
To put money in a bank account for savings or to spend at a later time.
withdrawal
deposit
consumer
credit card
fee charged for borrowing money or money earned from the amount you have in savings, always calculated as a percentage
interest
taxes
fixed expenses
income
The total amount of income generated by the sale of goods and services.
interest
profit
revenue
loan
Allow the use of something with the understanding that it will be returned.
steal
lend
borrow
distribute
Expense that is consistent (and does not change) from month to month.
variable expenses
budgeting
fixed expenses
bills
The total amount earned from the sale of goods/services minus the expenses.
net income
payroll tax
profit
needs
The act of taking money out of an account.
lending
borrowing
deposit
withdrawal
An account that money is stored and accessed safely.
Checking account
Robucks
Savings account
Credit card
Costs that change month to month; costs that can be manipulated to be more or less.
producer
savings plan
variable expenses
fixed expenses
Why is understanding finances important as a fourth grader this year?
because I want to LOSE ALL OF MY MONEY
because understanding finances is a life skill I will need as an adult
Ms. Mengisteab just likes to overwhelm me :(
WHO EVEN KNOWS!
