Financial Literacy Word Scramble
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Term | Definition |
goods | anything you buy that you can hold |
financial literacy | when you make wise decisions about how to earn, spend, save, and donate money |
income | what people earn when they do work |
producer | someone who makes/sells a good or provides a service |
credit | a way to buy something but pay for it later or over time |
resources | things that are used to make goods and services (natural, capital, and human) |
unplanned spending | paying money for goods and services you do not expect |
supply | the amount of particular goods or services that are available for use |
planned spending | paying money for goods and services you expect to buy |
savings | money that you put aside |
budget | when you make a plan for how you are going to spend your money |
consumer | someone who buys a good or service |
services | something people do for other people that satisfies their wants and needs |
demand | a measure of how desirable goods and services are based on availability and price |
interest | money you pay when you borrow money, or earn when you are paid for lending your own money |
Created by:
wces
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