Bobby has bought a lot of stuff this week: two pairs of shoes, a flight to California, and four dozen doughnuts. He needs to cut back on his ___________.
Personal Finance

Flashcard
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Social Studies
•
6th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
expenses
2.
FLASHCARD QUESTION
Front
Rupert works in a factory and earns $30 a day. He has several kids at home and not enough money to feed them. He needs to earn a higher ____________ if he wants to feed his family.
Back
income
3.
FLASHCARD QUESTION
Front
Hidalgo is moving out of his parents' house for the first time. He now has new costs, including utility bills, rent, food, and gas. He has to plan carefully for all these new expenses so he doesn't spend his whole paycheck at once. He needs to make a ___________. Options: Budget, Loan, Deposit, Credit
Back
Budget
4.
FLASHCARD QUESTION
Front
If your credit score is good, banks are more willing to offer you a ___________ when you need to make a big purchase.
Back
loan
5.
FLASHCARD QUESTION
Front
I don't have the money to buy this TV right now, but I will later this month. I'll just buy it on __________ using my ________ card.
Back
credit
6.
FLASHCARD QUESTION
Front
Walter has a spending problem. He's been using his credit card like crazy, even though he has a low income each month. If he doesn't quit spending so much money, he could end up with a lot of _________.
Back
debt
7.
FLASHCARD QUESTION
Front
If you aren't careful, _________ can really catch up with you and put you in debt. _________ is the fee added to the amount of money you borrow, like when you use a credit card or take out a loan.
Back
interest
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