Financial Vocabulary

Sarah makes $400 per week at her job. She creates a chart that lists how she spends her money. 

• Credit
• Contract
• Budget
• Guarantee

Leon purchases a refrigerator from Home Depot. The refrigerator has a sticker on it that says he can get it replaced for free if it breaks within two years. 

• Warranty
• Credit
• Contract
• Guarantee

• Warranty
• Contract
• Insurance
• Guarantee 

Michael hits a deer on the highway. Which of the following would cover the cost of fixing his car?

• Insurance
• Contract
• Warranty
• Credit

Lucy agrees to pay $800 per month to rent an apartment. If she fails to pay, her landlord can kick her out. 

• Credit
• Budget
• Contract
• Insurance 

Marcus rarely pays his bills on time and owes a lot of money to the bank. He is unable to get a loan for a home. 

• Budget
• Credit
• Insurance
• Guarantee

• Warranty
• Contract
• Insurance
• Budget

• Contract
• Credit
• Insurance
• Budget 

• Contract
• Insurance
• Warranty
• Credit 

• Warranty
• Insurance
• Credit 
• Budget