Personal Finance

Personal Finance

Assessment

Flashcard

Mathematics

12th Grade

Hard

CCSS
6.NS.B.3, 6.RP.A.3C

Standards-aligned

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17 questions

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1.

FLASHCARD QUESTION

Front

How often should you review your monthly home budget?

Back

Monthly

2.

FLASHCARD QUESTION

Front

What is the First Principle of Finance?

Back

Spend Less Than You Earn

3.

FLASHCARD QUESTION

Front

What is the Second Principle of Finance?

Back

Make Your Money Work For You

4.

FLASHCARD QUESTION

Front

What is the Third Principle of Finance?

Back

Protect Your Money

5.

FLASHCARD QUESTION

Front

Portions of Money taken out of a paycheck (Gross Pay) before you receive your money (Net Pay) are called _________. (Examples: Taxes, Retirement, Health Insurance, FICA)

Back

Deductions

6.

FLASHCARD QUESTION

Front

According to the Pain of Paying YouTube video, which method of paying feels worse? Options: Credit Card, Cash, Spare Change, Check

Back

Cash

7.

FLASHCARD QUESTION

Front

In the Paradox of Value EdPuzzle, which values are being compared directly before the first question?

Back

Exchange Value and Use Value

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