Personal Financial Management

Quiz
•
8th - 10th Grade
•
Medium
Emilie Franz
Used 165+ times
FREE Resource
17 questions
Show all answers
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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