Personal Finance Review
Flashcard
•
Social Studies
•
9th - 11th Grade
•
Practice Problem
•
Hard
Jodie Hosey
FREE Resource
Student preview
18 questions
Show all answers
1.
FLASHCARD QUESTION
Front
The money you have left after you've paid your income tax is called....
Back
disposable income
2.
FLASHCARD QUESTION
Front
What is the opportunity cost of getting a mortgage compared to renting a home?
Back
interest payments
3.
FLASHCARD QUESTION
Front
About how much of your income should you use for housing?
Back
No more than 30%
4.
FLASHCARD QUESTION
Front
What is NOT a benefit of saving your money at a bank?
Back
You're more likely to spend it.
5.
FLASHCARD QUESTION
Front
What does the bank do with peoples' deposits?
Back
They loan it out.
6.
FLASHCARD QUESTION
Front
Which of the following does not factor into determining a person's credit score?
Back
social media presence
7.
FLASHCARD QUESTION
Front
What are the two ways someone earns money from investing in stock?
Back
dividends and capital gains
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