Managing your Money

Managing your Money

Assessment

Flashcard

Life Skills

6th - 8th Grade

Practice Problem

Easy

Created by

Wayground Content

Used 1+ times

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

What is an income?

Back

Money you have received/earnt

2.

FLASHCARD QUESTION

Front

What is an expense?

Back

When you spend money on something you need or want

3.

FLASHCARD QUESTION

Front

Putting money into a savings account and locking it for a period of time is known as…

Back

Term Deposit

4.

FLASHCARD QUESTION

Front

What is disposable Income?

Back

Money you can spend after you have paid for your expenses.

5.

FLASHCARD QUESTION

Front

Money that you can access at any time is also known as an …… account

Back

Everyday/Chequing

6.

FLASHCARD QUESTION

Front

If you earn money for having money in a savings account it is known as…

Back

Interest

7.

FLASHCARD QUESTION

Front

What is a transaction?

Back

When you buy or sell something

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