Personal Finance Pretest
Authored by Narrae Nelson
Social Studies
6th - 8th Grade
Used 65+ times
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21 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a savings account used for?
Money you will use to pay bills
Money you won't withdraw frequently
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you call a transaction that puts money into your account?
Deposit
Withdrawal
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a checking account used for?
Paying bills
Making purchases
Daily spending
All of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is your "net pay"?
The total you earn by working
The amount you earn after the withholding's have been subtracted
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many months worth of expenses should you have in your Emergency Fund?
1 month
2 months
3 months
6 months
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the 3 main core categories to organize your budget plan?
Checking, Savings, Spending
Fun, Bills, Savings
Needs, Wants, Savings
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money earned
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