Vocabulary for Understanding Money Test
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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Bonds | show 🗑
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Borrow | show 🗑
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Budget | show 🗑
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Career | show 🗑
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Cash | show 🗑
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show | A savings certificate that gains interest and has a set time before you can withdraw your money (if you take your money out early, you will likely be charged a fee.)
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Charity | show 🗑
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Comparison Shopping | show 🗑
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show | Money that a financial institution pays you to borrow your money. It is calculated by multiplying the percentage rate times your balance (or total amount in your account) plus any interest you have already earned
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show | When you borrow money and promise to pay it back later
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Credit History | show 🗑
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Debt | show 🗑
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show | Something you want to achieve. When you have a goal, then you can plan steps to achieve it. There are short-term, medium-term, and long-term goals that all take different amounts of time to achieve.
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Gross Income | show 🗑
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show | Helps pay for emergencies. You pay a little money at set times. Then, if you have an emergency, insurance will help pay for it! You can get insurance for your home, your health, your car, and more!
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Interest (on an account) | show 🗑
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show | The topics or types of things that you enjoy learning about or spending your time doing
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show | Savings options, like stocks or bonds, that can make your money grow faster than a savings account. But you might not be able to take out your money anytime you want. And with some investments, you could also lose money
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Job | show 🗑
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show | Not having enough money to buy everything that you want
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Need | show 🗑
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show | The amount you take home after paying taxes and anything else that gets taken out of
your pay
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Opportunity Cost | show 🗑
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Overtime | show 🗑
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show | It Is Payday And Cece Just Received Her Paycheck. What Should She Do With The Money?
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Prioritizing | show 🗑
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Reliable | show 🗑
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show | An activity or action that might be dangerous
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show | Payment for a year’s worth of work that is divided into equal portions that are paid to you with each paycheck
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Savings Account | show 🗑
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Simple Interest | show 🗑
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show | Things that you are able to do like for a job or a hobby
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show | Using money to buy stuf
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Stocks | show 🗑
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show | Money that goes to the government to pay for things like schools, road repairs, and police and fire services.
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Track your Spending | show 🗑
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Wage | show 🗑
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Wants | show 🗑
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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.
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.
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:
amadden04
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