
Saving Grade 7
Quiz
•
Business
•
7th Grade
•
Practice Problem
•
Easy
Michael Bronitsky
Used 4+ times
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a reason to save money?
for big purchases
for college
for emergencies
all of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
"Pay Yourself First" means
Buy yourself something nice.
Spend whenever you want.
Put aside a set amount in your savings account from each paycheck.
None of the above.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jose wants to save $400 for trip. If he saves $50 from each weekly paycheck, how long will it take him to save this amount?
6 weeks
7 weeks
8 weeks
None of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Long-term goals represent:
1-3 months
2-4 months
3-6 months
3 or more years
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Saving money to go to the movies with your friends represents:
a short-term goal
a medium-term goal
a long-term goal
None of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these makes it difficult to save
wanting to often spend money on snacks and food
wanting to spend money on entertainment
being tempted to buy things when you are in a store
All of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your friend says< " I don't have to save for the future because I'm young." Do you agree?
Yes
No
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