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WorksheetsFinancial Literacy Vocabulary Quiz
Total questions: 12
Worksheet time: 36mins
A way to buy something and pay for it later
Income
Credit
Interest
Lend
The amount of something available to buy is called __________.
supply
demand
income
charity
Mowing the lawn, washing the dishes, and walking your pet are all types of ___________ (work you can do for money).
Earn
Human Capital
Labor
Interest
What is the money you receive from doing work?
Income
Spend
Earn
Labor
_________ means to put money aside to use in the future.
Save
Spen
Earn
Borrow
What is a plan for how you will use your money?
Savings
Spend
Budget
Income
What is the meaning of charity?
showing disrespect to people
giving money to help others
buying goods and services from the store
selling a good or service
__________ is extra money you pay when you borrow money.
Credit
Loan
Interest
Deposit
Tiffany went to the mall to __________ her allowance.
(Hint: to pay money for goods and services)
Save
Earn
Borrow
Spend
What does it mean to earn money?
To put it aside to use in the future.
To buy something now and pay for it later
To exchange or pay for goods and services
To receive payment for work done
__________ is how many people want to buy something.
interest
earn
demand
supply
What is a physical material that humans need and value?
demand
resource
labor
charity
