personal finance
Flashcard
•
Social Studies
•
6th - 7th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview
14 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Budget
Back
Money used to buy and pay for household items, such as electricity and groceries
2.
FLASHCARD QUESTION
Front
What is Income?
Back
Money you worked for
3.
FLASHCARD QUESTION
Front
What is spending?
Back
money you use to buy things
4.
FLASHCARD QUESTION
Front
What is credit?
Back
when you buy something and pay for it later
5.
FLASHCARD QUESTION
Front
What is a savings?
Back
Money set aside for later use
6.
FLASHCARD QUESTION
Front
What is debt?
Back
Money you borrowed and has not repaid
7.
FLASHCARD QUESTION
Front
What is a credit card?
Back
A card issued by a bank to purchase goods from a line of credit they approve and you pay back each month
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