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9: Personal Money Management

Authored by Molly Mendenhall

History

8th Grade

CCSS covered

Used 68+ times

9: Personal Money Management
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22 questions

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1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Check all choices which are considered acceptable uses of debt by most financial experts.

To buy a new car

To buy a house

To pay for college

To start a business

To go on a dream vacation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is a written plan for how income will be used before it is received.

mortgage

debt

interest

budget

expenditure

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Money coming in to a household or business is called __________.

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Check all of the benefits of saving money.

Less stress

Higher Social Security checks

Cheaper insurance rates

Ability to pursue education, travel, help others, start a business

Easier to avoid debt

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The more money you borrow . . . (check all that apply)

the lower your interest rate

the lower your credit rating

the higher your credit rating

the higher your interest rate

6.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Some employers will fire you if you have too much ________.

7.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

If you cannot repay your debt, you risk _______________.

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