Financial Literacy
Flashcard
•
Mathematics
•
5th Grade
•
Hard
+17
Standards-aligned
Wayground Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a budget?
Back
A budget is a plan that outlines how much money you have and how you will spend it.
Tags
CCSS.RI.4.3
CCSS.RI.4.5
CCSS.RI.5.3
CCSS.RI.5.5
CCSS.RI.6.3
2.
FLASHCARD QUESTION
Front
Why is it important to balance a budget?
Back
Balancing a budget helps ensure that you do not spend more money than you have, preventing debt.
3.
FLASHCARD QUESTION
Front
What does net pay mean?
Back
Net pay is the amount of money you take home after all deductions, such as taxes, are taken out of your gross pay.
Tags
CCSS.L.2.4E
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
4.
FLASHCARD QUESTION
Front
What are fixed expenses?
Back
Fixed expenses are costs that do not change from month to month, such as rent or insurance.
5.
FLASHCARD QUESTION
Front
What are variable expenses?
Back
Variable expenses are costs that can change from month to month, such as groceries or entertainment.
Tags
CCSS.7.NS.A.1C
6.
FLASHCARD QUESTION
Front
How can you increase your savings?
Back
You can increase your savings by reducing your expenses or increasing your income.
7.
FLASHCARD QUESTION
Front
What is an allowance?
Back
An allowance is a set amount of money given regularly, often by parents to children, to manage their spending.
Tags
CCSS.RI.3.5
CCSS.RI.4.5
CCSS.RI.5.5
CCSS.RI.6.5
CCSS.RI.7.5
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple

Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
10 questions
Spelling-Homophones
Flashcard
•
6th Grade
12 questions
grade 4 English Tenses
Flashcard
•
4th - 6th Grade
15 questions
World War I Review
Flashcard
•
5th Grade
14 questions
Past Tense
Flashcard
•
5th - 6th Grade
10 questions
Punctuality and Professional Development
Flashcard
•
5th Grade
17 questions
11.14 Level 1 Notebook Review
Flashcard
•
6th Grade
10 questions
MODALS AND PERFECT MODALS
Flashcard
•
KG
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
11 questions
NEASC Extended Advisory
Lesson
•
9th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
10 questions
Boomer ⚡ Zoomer - Holiday Movies
Quiz
•
KG - University
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade
Discover more resources for Mathematics
25 questions
Multiplication Facts
Quiz
•
5th Grade
15 questions
Order of Operations
Quiz
•
5th Grade
20 questions
Adding and Subtracting Decimals
Quiz
•
5th Grade
10 questions
Multiplying Fractions
Quiz
•
5th Grade
10 questions
2 digit by 2 digit Multiplication
Quiz
•
5th Grade
10 questions
Adding and Subtracting Decimals
Quiz
•
5th Grade
70 questions
Multiplication Facts
Quiz
•
3rd - 6th Grade
10 questions
Adding and subtracting decimals
Quiz
•
5th Grade