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L3 Personal Finance - Recap

Authored by David Grimmett

Life Skills

8th - 9th Grade

CCSS covered

Used 6+ times

L3 Personal Finance - Recap
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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is a budget?

A type of savings account

A way to invest for retirement

A fund for emergencies

A financial plan that defines expenses for a period of time.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is debt?

Money you have borrowed and need to pay back

Money you make from working at a job

Money you make from the government

Taxes that you pay when you buy something

Tags

CCSS.RI.8.5

CCSS.RI.9-10.5

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money earned

salary
income
purchase
spend

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a person's knowledge and work skills

credit
resources
human capital
savings

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the work a person does

labor
income
salary
resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the amount of money a person can earn by being self-employed or by doing a job for another person or business

salary
scarce
interest
lend

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

another person gives you money that you will then need to pay back

borrow
purchase
scarce
labor

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