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Personal Financial Management

Authored by Emilie Franz

8th - 10th Grade

Used 169+ times

Personal Financial Management
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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The management of money and financial decisions for a person or family including budgeting, investments, retirement planning and investments is...

Investment

Personal Finance

Economics

Savings

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of budgeting, saving, investing, spending or otherwise supervising the use of money by an individual or group is ...

Money Management

Savings Account

Checking Account

Investment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ________________ is a type of credit score created by the Fair Isaac Corporation. Lenders use borrowers' these scores along with other details on borrowers' credit reports to judge how much the borrower can be trusted to pay back money owed based on their payment history

Debt

Loan

FICO score

Net Income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Interest

Debt

Loan

Income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that is subtracted from one’s bank account during a purchase is considered

Loan

Income

Taxes

Debit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an agreement between a lender and a borrower, who promises to repay the lender at a later date, with interest?

Credit

Debt

Investment

Savings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A(n) _____________________ is the purchase of goods that are not consumed today but are used in the future to create wealth 

Credit

Investment

Income

Savings

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