Personal Finance

Personal Finance

6th - 8th Grade

25 Qs

quiz-placeholder

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Personal Finance

Personal Finance

Assessment

Quiz

Other

6th - 8th Grade

Easy

Created by

Steve Szumanski

Used 32+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A budget is...

The same thing as a savings account

A sum of money to be used for a particular purpose

A list of things you want

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A debit card is...

Like a credit card, but it takes money directly from your checking account.

A card that lets you buy goods and services based on a promise to pay later.

A card which you may only make online purchases with.

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A credit card is...

A card that lets you buy goods and services based on a promise to pay later.

A card that charges monthly interest if the balance is not paid in full.

All of the above

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A checking account is...

A sum of money to be used for a particular purpose.

A share in a corporation that gives you a stake in the company and its profits.

An account where the depositor can write checks.

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A savings account is...

An account where money is stored and returns a low interest rate.

The same thing as a checking account.

An account that allows you to borrow money at a rate of interest.

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

You have $200. How do you keep track of it?

Budget it by splitting it among your current and future expenses.

Stick it under your bed for safekeeping.

Put it in your savings account.

Spend it. Because YOLO.

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What's it called when you spend more than you have?

Transfer

Debt

Withdrawal

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