Financial Literacy Post-Test

An amount of money parents regularly give children is _______.

• save

• allowance

• spend

A safe place to keep money until it is needed is _________.

• under your bed

• in a bank account

• in a desk

To use something that belongs to someone else is to _______.

• loan

• borrow

• pay

Someone who buys goods or services is a _________.

• consumer

• save

• producer

The amount of money needed to buy something is ______.

• borrow

• cost

• producer

To put money in a bank account is a __________.

• withdraw

• deposit

• spend

To receive money for work is to _________.

• save

• earn

• producer

What is it called when you earn money?

• income

• deposit

• withdraw

What is another word for work?

• borrow

• lend

• labor

Things that are made to be sold are ______.

• goods

• services

• income