Financial Literacy 1
When money is owed to another person.
What is debt?
The money a person makes from their job.
What is income?
When you take money out of your bank account.
What is a withdrawal?
The amount of money you get to keep after expenses.
What is saving?
Money a person must pay when they buy something. This money goes to the government.
What is taxes?
These are the 5 major food groups
What are meat, dairy, vegetable, fruits, nuts/grains?
When you put money into your bank account.
What is a deposit?
The ability to borrow money. Takes place between a borrower and a lender.
What is credit?
A method of payment using coins and bills.
What is cash?
This is something that means you need to wash yourself and keep clean during puberty.
What is Personal Hygiene?
A method payment that comes from an ATM.
What is a debit card?
A person who gives another person money and expects to get it back later.
What is a lender?
Something you set for yourself with income and expenses-to see how much money you have left.
What is a budget?
The three types of rocks are: igneous, metamorphic and......
What is sedimentary?
What does ATM stand for?
Automated Teller Machine
A person who is taking money from another person and is planning to give it back later.
What is a borrower?
When you make money, or the money that is coming in to your pocket.
What is income?
This is energy that results from something moving.
What is kinetic?
What does EMT stand for?
What is electronic money transfer?