Financial Literacy

A "need" is something you must have to ________.

• eat

• grow

• survive

What is an example of a "need"?

• water

• toys

• cards

• video games

A "want" is something that would be fun to have but you could live

• for

• with

• without

• is the same as a need

What is an example of a "want"?

• water

• food

• clothes

• video games

A budget is a plan for ________ your money.

• managing

• spending

• borrowing

• losing

Income is money _________.

• saved

• earned

• borrowed

"Expenses" is money that you

• spend

• save

• borrow

One main reason to create a "budget" is to help you live within your_________.

• creation

• house

• means

Having a budget can keep you from spending the money you ________ have.

• do

• don't

• will

A "debt" is money you __________ from someone.

• borrow

• take

• earn