Personal Finance Review (preferred)

Personal Finance Review (preferred)

6th Grade

20 Qs

quiz-placeholder

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Personal Finance Review (preferred)

Personal Finance Review (preferred)

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Melanie Buckner

Used 31+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a budget?

a group that helps the community

a safe place where people keep money

a center where you can donate things

a plan for spending and saving money

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which is good advice for saving and spending money?

Spend all of your allowance as soon as you earn it.

Use a budget to plan how much money you can save.

Try to buy things that you want before the things that you need.

Buy things you use only once, and then throw them out.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The main difference between a credit card and debit card is

A debit card requires that you have the cash available in the account; a credit card doesn't
A credit card has the Visa or MasterCard logo; a debit card doesn’t
A debit card does not offer the same protections as a credit card.
A credit card requires that you have the cash available in the account, a debit card doesn't

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of card is a loan in which the lender will charge you interest if you do not pay off the balance each month?

Credit Card

Debit Card

Prepaid Card

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money you have left after you've paid your income tax is called....

disposable income

discretionary income

mutual funds

portable income

6.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

What is income?

The amount you spend

The amount you don't save

Money you earn from a job

7.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

What is a variable expense?

The amount of money you spend

The amount of money you save

An expense that costs different amounts every month

The variable in math

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