
Personal Finance Ch. 1
Quiz
•
Other
•
9th - 12th Grade
•
Medium
Sara Bengtson
Used 7+ times
FREE Resource
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Making the right choices with your money—managing your money—involves knowing how . .
A. Planning, saving, spending, and investing will define your financial portfolio
B. To make bank deposits using registers with the appropriate transactions listed
C. Consumer decisions will affect your accounts
D. Earning, budgeting, saving, spending, and giving affect your money
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. Banks got into the credit business before 1920 because charging exceptionally high interest rates was legal.
A. True
B. False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3. You should always make sure you have a…
A. Budget
B. Credit line
C. Direct deposit
D. Credit card
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To gain an understanding of your personal finances, you should know . . .
A. Your financial goals
B. Where you stand financially, how much income you have, what goals you want to set, and how you’ll reach those goals
C. How much income you have
D. Your investment portfolio and your financial advisors’ contact information
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5. What is The First Foundation?
A. Pay cash for college.
B. Build wealth and give.
C. Save a $500 emergency fund.
D. Open a checking account.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Being a spender has many more positives than being a saver.
A. True
B. False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Personal finance is all the financial decisions a(n) must make in order to earn, budget, save, spend, and give money over time.
A. Individual or family
B. Company or organization
C. Individual or company
D. Bank
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