Personal Finance Review

Front

Money you earn through work

Back

Income

Front

Which item could be classified as a NEED? Food, A boat, Movie ticket, An xbox

Back

Food

Front

What does the money in your savings account gain over time?

Back

Interest

Front

A debit card is paid by or linked to your...

Back

Checking account

Front

Which option is the BEST credit score? Options: 100, A number below 200, A number over 700, 0

Back

A number over 700

Front

What must we remember when looking at a salary?

Back

Taxes will be taken out of that amount before you are paid

Front

Buy something now and pay for it later.

Back

Credit

Front

What is a form of credit other than a credit card? Options: Budget, Savings Plan, Bank Loan, Investing

Back

Bank Loan

Front

What is variable expense?

Back

An expense that costs different amounts every month

Front

An agreement between a borrower and a lender, where the borrower agrees to repay money with interest over time.

Back

Loan