Personal Finance

Which of the following is deducted from everyone's paycheck in the United States whether they like it or not?

• Sales Taxes
• Food Costs
• Utilities
• Federal Taxes

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

Which of the following is the best reason to have a budget?

• You can try and make more money.
• You can save money.
• You can avoid paying bills.
• You can learn how to spend money wisely.

Tags

CCSS.RI.7.2

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.8.1

CCSS.RL.9-10.2

You should always use permanent ink when writing a check.

• True

• False

What is a withdrawal?

• Expenses that do not change from month to month.

• Money set aside for the future.

• Taking money out of a checking or savings account.

• Money received, usually from a job, business, or assets

It's okay to only write the money amount in numbers. You don't have to write it in words too.

• True

• False

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

When it comes to saving money, you should _________________.

• Keep most of your savings in your checking account

• Put aside money for savings each month

• Choose the savings account with the lowest interest rate

• Put anything you can't afford on your credit card

Which part of the check is the least important?

• memo line

• signature line

• routing numbers

• check number

Liam wants cash from his bank, but it's Sunday and the bank is closed. How can he get cash from the ATM.

• credit card

• debit card

• savings account

Alex wants new clothes. He plans to visit several stores and does not plan to carry cash or a credit card. How should he pay for his cloths

• debit card

• online banking

• personal loan

• steal

What is labeled number 3?

• Check number

• Payee

• Date

• Account number