Financial Literacy
Flashcard
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Medium
Standards-aligned
Wayground Content
Used 1+ times
FREE Resource
Student preview
14 questions
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1.
FLASHCARD QUESTION
Front
The purpose of a budget is to:
Back
help you plan how you will spend the money you earn or receive.
2.
FLASHCARD QUESTION
Front
Interest is:
Back
the amount owed for borrowing money
Tags
CCSS.7.RP.A.3
3.
FLASHCARD QUESTION
Front
Which of the following is a fixed expense?
Clothing purchases
,Groceries
,Rental payments
,Movie tickets
Back
Rental payments
4.
FLASHCARD QUESTION
Front
Which of the following is a variable expense?
- Student loan payments
- Groceries
- Rental payments
- Health insurance
Back
Groceries
5.
FLASHCARD QUESTION
Front
What can increase your credit card's APR? Options: Paying the minimum, Missing a credit card payment, Paying off the full balance, Cashing in on rewards points.
Back
Missing a credit card payment
6.
FLASHCARD QUESTION
Front
The regular payment for an insurance policy is called a:
Back
premium
7.
FLASHCARD QUESTION
Front
A payment type that allows you to make purchases using money directly from your checking account.
Back
Debit Card
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