
Personal Finance
Flashcard
•
Social Studies, Business
•
12th Grade
•
Practice Problem
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
When financial planning, what should you determine first?
Back
needs & goals
2.
FLASHCARD QUESTION
Front
When developing a savings plan, what should you remember? Options: wait until I'm older, pay myself first, pay off debt first, invest in high risk
Back
pay myself first
3.
FLASHCARD QUESTION
Front
A typical overdraft fee is how much? Options: $5, $25, $40, $60
Back
$40
4.
FLASHCARD QUESTION
Front
If you DO NOT pay your credit card bill on time, what will happen?
Back
late fee
5.
FLASHCARD QUESTION
Front
___________________ is when money is taken out of an account.
Back
debit
6.
FLASHCARD QUESTION
Front
_______________________ is the fee paid on a loan when borrowing money.
Back
interest
7.
FLASHCARD QUESTION
Front
_____________________ is money that is borrowed.
Back
credit
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