10.9.19
Financial Literacy
WALT: expand our financial literacy vocabulary.
Success criteria: To choose five financial literacy words (these might be words from Prep), write a definition and an example of each.
Financial Literacy Vocab chart
Vocab
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Definition
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Example
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Bankrupt
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Running out of money
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You spend to much money
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Budget
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Gets a certain amount of money.
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I give you 10$ and u sent 5$ from your budget.
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Savings
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Saving up money for something
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You save up money for a new car
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Spending
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Spending money to buy stuff
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You go shopping and spend alot of money.
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Inherit
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Inherit money of people
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Like if someone dies you can inherit money from them.
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Bills
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You need to pay bills for your house.
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You have to pay like plumbing bills
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Credit card
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A card that has alot of money in it.
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The credit cards has your money on it that u have saved up
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Earnings
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You get paid money for working
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When you work you get payed for working hard.
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Pay pal
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You buy something and pay for it later .
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You buy something you don't have the money at the time so you pay later.
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Docket
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When you buy something you get a docket so you know what you bought.
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Docket buy something and it may fit you or work so you return it that is what a docket i for.
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