Personal Finance (Money Management)

Personal Finance (Money Management)

Assessment

Flashcard

Social Studies, Mathematics

6th - 7th Grade

Hard

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14 questions

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1.

FLASHCARD QUESTION

Front

The process of projecting, organizing, monitoring, and controlling future income and expenses is known as ________________.

Back

Personal Finance

2.

FLASHCARD QUESTION

Front

Medium of exchange: Coins, Money, Currency, Goods and Services

Back

Money

3.

FLASHCARD QUESTION

Front

Helps make decisions about your income; Saving- spending plan.

Back

Budget

4.

FLASHCARD QUESTION

Front

Giving your time and services to an employer in an exchange for money is what?

Back

Income

5.

FLASHCARD QUESTION

Front

In case of emergency you should have what...

Back

Money Saved

6.

FLASHCARD QUESTION

Front

By investing you are...

Back

Making your money grow

7.

FLASHCARD QUESTION

Front

What is interest?

Back

A fee paid for the use of someone else's money.

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