Saving, Investing, Insurance Review

Saving, Investing, Insurance Review

6th - 8th Grade

40 Qs

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Saving, Investing, Insurance Review

Saving, Investing, Insurance Review

Assessment

Quiz

Other

6th - 8th Grade

Medium

Created by

Austin Halliburton

Used 13+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you plan on keeping your money in an account for less than 5 years what account should you put it in?

Savings

Investing

Checking

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you plan on keeping your money away for more than 5 years you should put it what type of account?

Investment

Savings

Retirement

Checking

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The time value of money means that money is always worth __________ as time progresses.

Less

Morth

The Same

I don't know

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does inflation do to prices?

Makes them higher

Makes them lower

Keeps them the same

None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the value of money with inflation?

It goes down

It goes up

it stays the same

none of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Becoming a millionaire is a ___________ goal.

Short term

Long Term

Medium Term

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is "the market" when it comes to personal finance?

Where you buy and sell stocks

Where you buy fruits and vegetables

Where you buy televisions

None of the above

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