FACS Money Skills

FACS Money Skills

Assessment

Assessment

Created by

Lindsey Hardcastle

Education

7th - 8th Grade

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15 questions

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1.

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1 min • 1 pt

Money you have coming in (from a job, babysitting, allowance)- is considered

2.

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1 min • 1 pt

The goods and services you spend your money on is:

3.

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1 min • 1 pt

This type of expense should always be payed first- Examples include- your rent, electricity and water bills

4.

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1 min • 1 pt

______________ expenses vary from month to month- examples may include going to a concert, eating out or buying a new tv

5.

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1 min • 1 pt

___________ is a plan for spending and saving

6.

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1 min • 1 pt

A ____________ account is a safe place to keep your money- you can use debit card, check or ATM machine to access your money

7.

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1 min • 1 pt

This card is used with a four digit pin number and is tied directly to your checking account- you can only spend the amount you have in your checking account- no more

8.

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1 min • 1 pt

This is used the same as a debit card- this is the safest way to send money through the mail

9.

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1 min • 1 pt

If I am making a deposit I am ___________ money into the account

10.

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1 min • 1 pt

This account is a safe place to keep your money to save for a big purchase (car, home, college, vacation, etc..) and if you keep your money in this account the bank will pay YOU interest

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