Personal Financial Literacy

To put money away to use later is called_______.

• Spending

• Withdrawal

• Borrowing

• Saving

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

When you make a _________, you are putting money INTO a bank account.

• Withdrawal

• Borrow

• Deposit

• Spend

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Sarah left her crayons at home so she had to ask John if she could use his for a short amount of time. This is an example of ___________.

• lending

• saving

• borrowing

• spending

Tags

CCSS.L.4.6

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.W.4.2D

CCSS.W.5.2D

Eric has a lemonade stand. He sells small cups for $1.00 and large cups for $2.00. Joe purchased a large cup of lemonade. Who is the consumer?

• the lemonade

• Joe

• the cups

• Eric

Tags

CCSS.L.5.5C

Garrett makes masks with his sewing machine. He sold 5 masks to Pete for $20. Who is the consumer?

• Garrett

• Pete

• the masks

• the sewing machine

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

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

• Saving

• Spending

• Lending

• Borrowing

Tags

CCSS.L.4.6

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.W.4.2D

CCSS.W.5.2D

Alyssa wants to take her dog to the groomer but it will cost her $75. She goes to the bank to ___________ $75.

• save

• deposit

• producer

• withdrawal

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Avery sees that Tom doesn't have a pencil to write with. She decided to _______ Tom one of her pencils.

• lend

• borrow

• deposit

• consumer

Tags

CCSS.L.4.6

CCSS.L.3.2E

CCSS.L.3.6

CCSS.L.5.6

CCSS.RF.K.3C

Angela borrows 5 quarters from Tom and then returns 4 of the quarters to him. Is this an example of responsible or irresponsible borrowing?

• Responsible

• Irresponsible

Tags

CCSS.L.4.6

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.W.4.2D

CCSS.RI.5.4

Tony borrowed 5 dollars from his dad to pay for a new pencil box. He paid his dad back a dollar every week for 5 weeks until he paid all the money back.

• Responsible borrowing

• Irresponsible borrowing

Tags

CCSS.L.4.6

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.W.4.2D

CCSS.RI.5.4