Financial Literacy

Front

What is income?

Back

Income is the money received for work.

Front

Fill in the blank: You can receive income from doing a ______ at home.

Back

job

Front

You may receive a money gift for special occasions or ______.

Back

holidays

Front

What does it mean to save money?

Back

To put it somewhere safe for later

Front

When you ______ money, you use it to buy something you want or need.

Back

spend

Front

Test Your Knowledge: Income or Gift? Click on the picture that shows someone receiving a money gift.

Back

Child giving money to an adult

Front

What are needs? Needs are things a person must have to live. True or False?

Back

True

Front

Fill in the blank: ______ is an example of a need.

Back

Food

Front

What are 'wants'?

Back

Things that would be nice to have, but you can live without them

Front

Is a bicycle a want or a need?

Back

Want