Vault Vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Assets | what a person owns of value
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| Bank | A place where people put their money for safekeeping
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| Brokerage Firm | Helps people invest their money
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| Budget | A spending plan people make in order to make sure there is enough money to cover all expenses
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| Career | Something you build by going to school and working jobs related to the career you want
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| Certificate of Deposit | A savings certificate that gains interest and has a set time before you can withdraw money
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| Charity | Giving resources or volunteering time to help those in need
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| Comparison Shopping | Finding out whether or not what you are about to buy is a good deal
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| Controlling risks | Stuff you do to make risks less dangerous or not dangerous at all
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| Credit | A loan that a person uses to pay for things, but is expected to pay back
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| Credit Union | Just like a bank, only its members own it
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| Decision Making | Considering different information to make a choice
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| Entrepreneur | A person who starts his or her own buisness
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| Expense | The cost of the things that people spend money on
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| Financial Advisor | A person who is an expert at handling money and can give you financial information and advice
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| Financial Institution | A place, like a bank that helps its members manage their money
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| Financial Literacy | The knowledge and skills to manage money
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| Health Insurance | helps people pay for medicine and doctors when they are sick or hurt
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| Impulse Buying | Buying stuff without thinking about whether or not you need it
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| Income | Money earned from working and other means
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| Income Tax | Annual Tax placed on the money employees make at jobs and collected by the government
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| Inflation | The price of goods and services rises over time
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| Interest | The extra fee charged for borrowing money, or the cost of borrowing money
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| Investing | When you purchase a security like a stock or bond, in the hopes that it will make you money
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| Job | Work you do for money
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| Long-Term Goal | A goal that can be achieved in a longer amount of time.
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| Need | Something you truly could not live without
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| Opportunity Cost | The cost we pay when we give up something to get something else
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| Payment Method | What you use to pay for something
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| Peer Presure | Doing stuff just because your friends are doing it
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| Privacy | keeping important information to yourself or between yourself and your close family members
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| Reliability | being trustworthy
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| Risk | an activity or action that might be dangerous
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| Risk Pervention | Stuff you do to stop consequences of risks
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| Salary | Payment for work, yearly
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| Sales Tax | A fee added to the sticker price of an item that is paid to the state or city
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| Savings | Money set aside for short or long-term goals
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| Savings account | An account that gains interest and allows withdrawls
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| Short-term goal | A goal that can be achieved in a short amount of time
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| Spend | to use money to buy stuff
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| Taxes | fees placed on income, purchases, or property
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| Wage | Payment for work, hourly or daily
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| Want | Something you would like to have but will be okay without
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
crolph
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