Money Management

Money Management

Assessment

Flashcard

Professional Development

7th - 8th Grade

Hard

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19 questions

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1.

FLASHCARD QUESTION

Front

The money that you receive for working is called__________.

Back

Income

2.

FLASHCARD QUESTION

Front

If you are buying groceries at the store and want to use the money in your bank account, you should pay with ______

Back

Debit card

3.

FLASHCARD QUESTION

Front

It's important to spend money on things you need before spending money on things you want:

Back

True

4.

FLASHCARD QUESTION

Front

Owing money to another individual or business or the amount of money borrowed

Back

Debt

5.

FLASHCARD QUESTION

Front

A checking account is

Back

An account where money can easily be deposited and withdrawn by means of checks or debit cards.

6.

FLASHCARD QUESTION

Front

The money that was paid back to me on top of the loan is known as_________.

Back

interest

7.

FLASHCARD QUESTION

Front

Which of the following is a rule for writing a check? Write the check in pencil, Leave the memo blank, Write the check in pen

Back

Write the check in pen

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