
Personal Finance - Knowledge Inventory
Authored by David Bumphis
Other
8th Grade
Used 11+ times

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7 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An average career will last approximately how many hours if you work for 43 years?
1 million hours
860 hours
8,600 hours
86,000 hours
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When paying taxes in the U.S., the more money you make, ____________________.
The more taxes you pay.
The fewer taxes you pay.
The more you hate paying taxes.
Doesn't make a difference because everyone pays the same amount in taxes.
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
One common denominator of most financially successful people is that they?
Quit school before they were 18.
Always keep $500 in their pocket.
Started a business early in life.
Worked part-time when they were teenagers.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
People who do not understand the difference between ______________ usually struggle with financial problems.
Needs and wants
Food and shelter
Buying and renting
Taxes and insurance
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A ___________ is a plan for how you will spend your money.
Credit card
Cash journal
budget
Credit card
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What are the two main reasons to save money?
So you can invest it and donate it
For rainy days and to buy all the things you want
To pay off your credit cards and for major purchases
For rainy days and major purchases
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Developing a financial lifestyle that fits the amount of money you will earn in your career and is the secret to financial success is called,________________?
A money management program
A lifestyle driven journey
A journey driven lifestyle
None of the above
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