JA Finance

JA Finance

Assessment

Flashcard

Life Skills, Other

7th Grade

Hard

Created by

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18 questions

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1.

FLASHCARD QUESTION

Front

Credit is:

Back

a loan that you must pay back

2.

FLASHCARD QUESTION

Front

What do you need to know to set up a budget?

Back

your income and expenses

3.

FLASHCARD QUESTION

Front

When you borrow money to pay back in the future, the borrower is:

Back

using credit

4.

FLASHCARD QUESTION

Front

A good reason to get a loan is: to buy a house

Back

to buy a house

5.

FLASHCARD QUESTION

Front

What is the expectation when you get a business loan?

Back

to pay it back in full plus interest

6.

FLASHCARD QUESTION

Front

What is saving?

Back

setting aside money for later

7.

FLASHCARD QUESTION

Front

What is a paycheck?

Back

income

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