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7th Financial Literacy Alphabet Game

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7th Financial Literacy Alphabet Game

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About this activity

Use the definitions/descriptions to determine the financial literacy vocabulary word that starts with the given letter.

Created by

Jennifer Denson
Jennifer Denson
United States

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7th Financial Literacy Alphabet Game
 

7th Financial Literacy Alphabet GameOnline version

Use the definitions/descriptions to determine the financial literacy vocabulary word that starts with the given letter.

by Jennifer Denson
A
B
C
E
I
L
N
S
I
S

Starts with A

resources such as property, cash, or other items of economic value that can be converted to cash

Starts with B

A plan for how much money is spent and saved based on income and goals

Starts with C

Interest paid or earned on both the original principal of an investment or a loan and on any accumulated interest during previous periods.

Starts with E

An amount of money used to buy goods or services, often itemized in a report.

Starts with I

A tax collected by the government on wages or income earned

Starts with L

financial obligations that must be paid such as loans, unpaid bills, and credit card debt - Hint: the opposite of assets

Starts with N

an amount calculated by subtracting total liabilities from total assets; used to describe a person's economic value or wealth - Hint: two words that are often used to describe how how much money someone is "worth"

Starts with S

a percentage of the cost of some goods and services, assessed by the government (local, state, or federal)

Starts with I

The amount of money received in a particular time (weekly, monthly, yearly) in exchange for work

Starts with S

interest calculated only on the initial amount deposited, invested, or borrowed; the formula I = Prt is used to calculate

 
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