Personal Finance Concepts and Principles

Personal Finance Concepts and Principles

Assessment

Flashcard

Mathematics

9th Grade

Hard

Created by

Shannon Horn

FREE Resource

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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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