Personal Finance Review

Personal Finance Review

Assessment

Flashcard

Business

6th - 8th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

21 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is an opportunity cost?

Back

What was given up by making a decision.

2.

FLASHCARD QUESTION

Front

What is income?

Back

Money that you earn

3.

FLASHCARD QUESTION

Front

What is an expense?

Back

Money that you spend

4.

FLASHCARD QUESTION

Front

What is a budget?

Back

A plan for your money

5.

FLASHCARD QUESTION

Front

What is NOT an example of an opportunity cost?

Back

It costs you money to invest in an opportunity like owning a business

6.

FLASHCARD QUESTION

Front

What is an emergency fund?

Back

Money that you save for unexpected expenses.

7.

FLASHCARD QUESTION

Front

What does investing mean?

Back

Spending money to own something that hopefully makes money or that goes up in value.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?

Discover more resources for Business