Personal Finance

Personal Finance

Assessment

Flashcard

Social Studies

6th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What is a budget?

Back

A plan for how money will be used

2.

FLASHCARD QUESTION

Front

What is income?

Back

Money taken in

3.

FLASHCARD QUESTION

Front

What is variable expense?

Back

An expense that costs different amounts every month

4.

FLASHCARD QUESTION

Front

What is this called? Options: A Check, A credit card, A debit card, Money Order

Back

A Check

5.

FLASHCARD QUESTION

Front

A person's knowledge and work skills

Back

human capital

6.

FLASHCARD QUESTION

Front

The amount of money a person can earn by being self-employed or by doing a job for another person or business.

Back

salary

7.

FLASHCARD QUESTION

Front

paying for something with money that is borrowed and must be paid back, usually with interest

Back

credit

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