Personal Finance - SECOND VERSION

​What do you think the household income in Douglasville is from the last census?






What do you think the per person income is from the last census?

​What do you think the household income in Douglasville is from the last census?






What do you think the per person income is from the last census?

​$77,000

​What do you think the household income in Douglasville is from the last census?






What do you think the per person income is from the last census?

​$77,000

​$37,000

​What do you think the average ANNUAL household debt in Georgia is? (Ex: Mortgage, auto loan, school loans)




What do you think the average household credit card debt in Douglasville from the last census?

​What do you think the average ANNUAL household debt in Georgia is? (Ex: Mortgage, auto loan, school loans)




What do you think the average household credit card debt in Douglasville from the last census?

​$135,674

​What do you think the average ANNUAL household debt in Georgia is? (Ex: Mortgage, auto loan, school loans)




What do you think the average household credit card debt in Douglasville from the last census?

​$135,674

​$12,284

Multiple Choice

What is income?

• Money earned by a worker in a year

• Money spent

• Money set aside for future use

• Using money in hopes of gaining more in the future

Multiple Choice

What is saving?

• Amont of money used for purchasing items

• Setting aside money for future use

• Amount of money a worker earns

• Amount of money spent in a day

Multiple Choice

Every month after my parents pay all of the family’s bills they set aside a little bit of money for the family to do fun things like go to the movies, bowling and even go to amusement parks.
My family uses a _____________

• income 
• debt 
• interest 
• budget 

Multiple Choice

What is an expenditure?

• Money earned by a worker

• Money spent

• Benefits from a job

• Money saved

Multiple Choice

Joey was approved for a credit card and soon spent over $2000. What is the money owed called?

• Debit

• Savings

• Debt

• Bankruptcy

Multiple Choice

______________ money paid by the borrower for the use of money that was loaned to him/her

• Interest

• Debt

• Loan

• Income

Multiple Choice

How does creating a household budget help you?

• It will enable you to manage his monthly income wisely and cut down on unnecessary spending.

• It will allow you to boost your monthly earnings and lower the taxes you owe to the government.

• It will assist you in reducing the savings needed to achieve his major financial objectives each month.

• It will help you minimize the risks associated with financial investments and ensure a high return.

Multiple Choice

What is the best reason to save money?

• To spend on immediate desires

• To ensure financial security for family

• To plan for future goals

• To have cash available at all times

Multiple Choice

What is a risk of carrying too much debt?

• being required to work without pay

• being required to pay higher taxes

• being unable to receive future credit

• being unable to earn a reliable income