Financial Literacy 1
When money is owed to another person.
What is debt?
This is a type of bird that talks and repeats.
What is a parrot.
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 profit?
What type of burger at McDonald's has special sauce on it.
What is a Big Mac
Money a person must pay if they borrow money.
What is interest?
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?
What is the name of our head principal?
Mr. Smith
Money a business needs to spend to operate.
What is expenses?
A plan for earning and spending over a period of time.
What is a budget?
Who is on the 10 dollar bill?
Alexander Hamilton
Money taken by the government from an individuals work earnings.
What is income tax?
To spend money with the expectation that it will make you more money in the future.
What is investing?
A person who is taking money from another person and is planning to give it back later.
What is a borrower?
Name an animal with stripes.
Tiger, Bengal, etc.
Who is on the 100 dollar bill?
Benjamin Franklin
Who is on the quarter?
George Washington