Financial Literacy
When money is owed to another person.
What is debt?
This is the fastest animal on land.
What is a cheetah?
The money a person makes from their job.
What is income?
This is the planet that is closest to the sun.
What is Mercury?
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?
This is the only continent in the world known to NOT have snakes.
What is Antarctica?
Money a person must pay if they borrow money.
What is interest?
This is the largest planet in our solar system.
What is Jupiter?
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 slug has __ (number) noses.
What is 4?
Money a business needs to spend to operate.
What is expenses?
The only planet in our solar system that rotates in a different direction from the other planets.
What is Venus? (it rotates in a counterclockwise direction)
A plan for earning and spending over a period of time.
What is a budget?
A person who gives another person money and expects to get it back later.
What is a lender?
This is the number of inches a newborn kangaroo measures.
What is 1 inch?
Money taken by the government from an individuals work earnings.
What is income tax?
This person discovered gravity. (Abrahan Lincoln, Sir Isaac Newton, Beyonce)
Who was Sir Isaac Newton?
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?
This is the smallest mammal in the world.
What is a bumblebee bat?
Money taken from individuals who are transporting or selling goods from another country.
What is tariffs?
This is how moons are in our Solar System. (Hint: It’s over 50.)
What is 181 moons?
(Points if you got between 150-200!)
Money taken by the government from an individual because they own a property (e.g a house)
What is a property tax?