Understanding Personal Finance

Understanding Personal Finance

Assessment

Flashcard

English

12th Grade

Hard

Created by

Michael M

FREE Resource

Student preview

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10 questions

Show all answers

1.

FLASHCARD QUESTION

Front

A plan for how to spend and save money

Back

What is a budget?

2.

FLASHCARD QUESTION

Front

Money that you spend

Back

What does expense mean?

3.

FLASHCARD QUESTION

Front

Money you owe to someone

Back

What is debt?

4.

FLASHCARD QUESTION

Front

Extra money you pay back on top of what you owe

Back

What is interest on a credit card?

5.

FLASHCARD QUESTION

Front

Buying something without thinking

Back

What is an impulse buy?

6.

FLASHCARD QUESTION

Front

What does it mean to save money?

Back

Keep it for the future

7.

FLASHCARD QUESTION

Front

A card that lets you borrow money to pay later

Back

What is a credit card?

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