Financial Literacy Flashcards

Front

Balance

Back

The amount of money in a bank account after a deposit or withdrawal is made.

Front

Borrowing

Back

Taking money or goods and promising to pay it back or give it back later.

Tags

TEKS.MATH.3.9D

Front

Consumers

Back

people who buy consumer goods and services

Front

Deposit

Back

Money put into a bank account.

Front

Interest earned

Back

Money received for saving money in a bank account.

Tags

TEKS.MATH.3.9E

TEKS.MATH.3.9F

Front

Lending

Back

Giving money or goods to someone who promises to pay you back or return the goods later.

Tags

TEKS.MATH.3.9D

Front

Produce

Back

to manufacture or create goods or provide services

Front

Producers

Back

People who make goods or provide services.

Front

Saving

Back

placing money in a safe place for future use

Tags

TEKS.MATH.3.9E

Front

Spending

Back

using money to buy goods or services

Tags

TEKS.MATH.3.9C

TEKS.MATH.3.9F