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Financial Literacy Vocabulary
Author :
Jean Neumann
1.
Money earned from work people do
A.
money
B.
interest
C.
credit
D.
income
2.
The work you do to earn money
A.
goods
B.
resources
C.
spending
D.
labor
3.
Things used to produce goods and services
A.
spending
B.
services
C.
savings
D.
resources
4.
Paying money for goods and services
A.
planned spending
B.
watching TV
C.
driving car
D.
spending
5.
Something that is made/grown or something you can use
A.
radio
B.
credit
C.
telephone
D.
goods
6.
Work someone does for someone else
A.
interest
B.
resources
C.
labor
D.
services
7.
Paying money for goods and services that were expected
A.
dancing
B.
credit
C.
riding a bike
D.
planned spending
8.
Paying money for goods and services that were not expected
A.
planned spending
B.
mowing
C.
typing
D.
unplanned spending
9.
When you buy something now and pay for it later
A.
playing xbox
B.
income
C.
swimming
D.
credit
10.
Money you pay when you borrow money or money you receive for lending money
A.
spending
B.
stealing
C.
making food
D.
interest
11.
Putting money aside to use for the future
A.
spending
B.
playing
C.
eating
D.
savings