Vault_3_Pre

Fill in the blank. One way to make sure you have enough money to cover your needs and wants is to create a________

• Budget
• Wish List
• Checking Account
• Savings Account

Food, heat, cable, internet and dog food are examples of what?

• Household Assets
• Household Expenses
• Household Income
• Household Budgets

Which of the following is an example of a financial institution?

• Bank
• Brokerage Firm
• Credit Union
• All of the above

Which of the following is an example of peer pressure? 

• Buying something you need while you're with your friends
• Buying something because you want to
• Buying something because your friends tell you to
• Buying what you like

What is the best reason to buy something?

• Because you want it
• Because it's in style
• Because you need it
• Because your friend has one like it

Fill in the blank. Having enough money to cover all your expenses means you have ____

• A balanced budget
• An uneven budget
• Debt
• Credit

Jamie is at the store buying groceries for her family. She wants to use only the cash she has in her bank account. How should she pay?

• With a credit card
• With a debit card
• With quarters and dimes
• With the cash she has in her pocket

How can you make sure you are getting a good value for your purchase?

• Make sure it’s a popular item before buying it
• Find out if the store has a return policy
• Compare prices and make sure you really want it
• If you like it, it has to be of good value

One way to be charitable is to _____.

• Sell lemonade on a hot day
• Be nice to people
• Volunteer at a soup kitchen
• Use your manners

Which of the following is an example of a household asset?

• A car
• Family photo
• Groceries
• Mop and broom