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Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.

Assets   whatapersonownsofvalue suchasjewelry,savings, art,ahome,and a car.  
Bank   a place were people put their money for safekeeping,and for ease of us.  
Brokerage firm   helps people invest their money.  
Budget   a spending plan people make in order to make sure there is enough income to cover all expenses.  
Career   something you build by going to school and working job related to the career you want.  
Certificate of deposit   a savings certificate that gains interest and before you can withdraw your money.  
Charity   giving resources or volunteering time to help those in need.  
Comparison shopping   finding out whether or not what you are about to buy can be found for a better price or in better shape at a different store .  
Controlling risks   stuff you do to make risks less dangerous or not dangerous at all.  
Credit   a loan that a person uses to pay for things, but is expected to pay back.  
Credit union   just like a bank, only its members own it.  
Decision making   considering different information to make a choice.  
Entrepreneur   a person who starts his or her own business  
Expense   the cost of the things that people spend money on  
Financial advisor   a person who is an expert at handling money and can give you information and advice about saving and investing  
Financial literacy   the knowledge and skills to manage money  
Health insurance   helps people pay for medicine and doctors when they are sick or hurt.  
Impulse buying   buying stuff without thinking about whether or not you need it.  
Income   money earned from working and other means  
Income tax   annual tax placed on the money employees make at jobs and collected by the federal government, most states, and some local governments.  
Inflation   the price of goods and services rises over time.  
Interest   the extra fee charged for borrowing money, or the cost of borrowing money.  
Investing   when you purchase a security like a stock or bond, in the hopes that over time it will make money.  
Job   work you do for money.  
Long-­‐term goal   a goal that can be achieved in a longer amount of time. It can be months, years, or even an entire lifetime.  
Need   something you truly can not live without.  
Opportunity cost   the cost we pay when we give up something to get something else.  
Payment method   what you use to pay for something, like cash or a check.  
Peer pressure   doing stuff just because your friends are doing it,or because your friends told you to, because you want your friends to like you and think you are cool.  
Privacy   keeping important information to yourself or between yourself and close family members.  
Reliability   being trustworthy; being responsible  
Risk   an activity or action that might be dangerous.  
Salary   payment for work, represented as a yearly sum and paid in portions every week, two weeks, or month including sick time and vacation time.  
Sales tax   a fee added to the sticker price of an item that is paid to the state or city.  
Savings   money set aside for short-­‐ or long-­‐term goals.  
Savings account   an account that gains interest and allows withdrawals.  
Short-­‐term goal   a goal that can be achieved in a short amount of time. It can be a few days, weeks, or months  
Spend   to use money to buy stuff  
Taxes   fees placed on income, purchases, or property to support government programs.  
Wage   payment for work, usually calculated on an hourly, daily, or piecework basis and paid on schedule—usually every week, two weeks, or month.  
Want   something you would like to have but will be okay without  


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Created by: dewing