Personal Finance Midterm Review

Which is a unwise money habit?

• Putting money in your saving account

• Paying more than the minimum amount on your credit card bill

• Getting McDonald's after school everyday

Which is a wise money choice?

• Maxing your credit card

• Grabbing Starbucks on the way to school everyday

• Saving money to put toward college or an apartment

Which of the following is a want?

• Beats headphones

• Folders and notebooks

• Clothes for a job interview

Which of the following is a need?

• Xbox One

• Winter jacket

• New shoes

Which of the following is a need?

• Better phone

• Cap and gown for graduation

• Fast food

Delayed gratification is

• Waiting to make goals.

• Waiting to obtain a reward until later.

• Waiting to use your credit card.

Tags

CCSS.RL.11-12.6

CCSS.RL.6.3

CCSS.RL.7.3

CCSS.RL.8.3

CCSS.RL.9-10.3

SMART goals. The S stands for

• Steady

• Safe

• Specific

SMART goals. The M stands for

• Measurable

• Money

• Mediocre

SMART goals. The A stands for

• Accurate

• Application

• Achievable

SMART goals. The R stands for

• Reaching

• Realistic

• Rebounding