Personal Finance Concepts and Principles
Flashcard
•
Mathematics
•
9th Grade
•
Hard
Shannon Horn
FREE Resource
Student preview

50 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Reason people don't save money?
Back
All of the above: they lack discipline, they do not live on a budget, they lack focus.
2.
FLASHCARD QUESTION
Front
At your age, a fully funded emergency fund should be: $500, $5,000, $100, $1,100
Back
$500
3.
FLASHCARD QUESTION
Front
Instead of borrowing money for large purchases, you should set money aside in a _________ over time and pay with cash.
Back
sinking fund
4.
FLASHCARD QUESTION
Front
Personal finance is ____% behavior and ____% knowledge.
Back
80% behavior and 20% knowledge.
5.
FLASHCARD QUESTION
Front
What is the 3rd Foundation?
Back
Pay Cash for Car
6.
FLASHCARD QUESTION
Front
What is the 4th Foundation?
Back
Pay Cash for College
7.
FLASHCARD QUESTION
Front
What is the 5th Foundation?
Back
Build Wealth and Give
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