Personal Financial Literacy

Front

What are ways we can use money?

Back

Spend, save, and donate.

Front

Ali uses $50 from his piggy bank to pay for a new bike. This is an example of_______?

Back

Spending.

Front

How much money does Smith have if he has three dollar bills, three quarters, 1 dime, and three nickels?

Back

$4.00.

Front

To put money away to use later is called_______?

Back

Saving.

Front

What is responsible borrowing?

Back

When you borrow money and pay it back on time.

Front

What does it mean to save money?

Back

To keep money for future use instead of spending it.

Front

What is spending?

Back

Using money to buy goods or services.

Front

What is a piggy bank?

Back

A container used to save money.

Front

What is a dollar bill?

Back

A piece of paper money worth one dollar.

Front

What is a quarter?

Back

A coin worth 25 cents.