Ways to Save Future Smart
Quiz
•
Other
•
9th - 10th Grade
•
Medium
Deborah Pettit
Used 64+ times
FREE Resource
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18 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you use your debit card, the money comes directly out of your ________________ account.
Credit card
Savings
Checking
Retirement
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you pay with a credit card:
the money comes out of your checking account
the money comes out of your savings account
the money is a loan from the credit card company
the money is a loan from the government
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money you get paid BEFORE taxes is called
Net income
Gross income
Withheld tax
Grace period
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Federal income taxes pay for:
schools
police officers
roads
national defense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is the lowest amount you can pay on your credit card to avoid (not have to pay) late fees.
credit score
minimum payment
grace period
APR
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount you get paid AFTER taxes is called:
Net pay
gross wages
credit limit
payday loan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A payday loan is:
a bad idea because it is against the law.
a bad idea because it usually has extremely high fees and interest rates.
a good idea because it helps your credit score.
a good idea when you don't have enough money.
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