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Financial Literacy
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When you borrow money with a credit card, the bank will charge you a small percentage of what you have borrowed and add it to the amount you need to pay back. This is called _______
Interest
Getting money in exchange for selling old toys at a yard sale is an example of _____ money.
Earning
When a grocery store sells fruits and vegetables, are they selling goods or services?
Goods
When a hair salon provides haircuts to their customers, is it a good or a service?
Service
A place where people trades stocks and track the value of different stocks is called the _________
stock market
Starbucks decides to sell small pieces of ownership in their company so they can make more money. What are these pieces called?
Stock or stock shares
Putting money away in a bank account so that you can spend it later is an example of _______
Saving
Giving money or goods to an organization that uses them for people in need is an example of _______?
Donating
A card that is pre-loaded with money that you can only spend at certain stores is called a _____?
Gift Card
A card that you use to spend money from your bank account is called a ______?
Debit Card
A card that you card use to spend money you're borrow from the bank is called a ______?
Credit Card
What is it called when you spend money to try to earn more money?
Investing
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