What is Financial Literacy?

Front

All of the following words mean money you make or earn, EXCEPT which word? Wage, Salary, Income, Paycheck

Back

Rent

Front

A fixed expense is one that stays the same from month to month.

Back

True

Front

Which is a fixed expense? Options: Rent, Food, Electric Bill, Entertainment

Back

Rent

Front

A variable expense is one that changes from month to month.

Back

True

Front

Which is a variable expense? Options: Rent, Car Payment, Food, Insurance

Back

Food

Front

What is a source of money you make?

Back

Wage

Front

A personal budget lets you know what expenses and income you have so you can make good financial decisions.

Back

True

Front

Which is true about a personal budget?

Back

A budget helps decide how to spend and save your money.

Front

What is a need?

Back

An item you have to have to survive.

Front

What is a want?

Back

An item you would like to have.