Unit 5: Personal Finance Final

What allows you Freedom to make your own financial decisions.

• Budgeting

• Accounting

• Personal Finance

• Money Market Accounts

A plan for how to save and spend your income

• Personal Finance

• Accounting

• Budget

• Money Market Account

Everyone has a limited amount of ____________________(Limited Resource)

• Money

• Air

• Water

• Food

Money helps you pay for basics for all of the following except:

• Food

• Clothing

• Shelter

• Car

Which of these should have the top priority in making a budget?

• Food

• Rent

• Electronics

• A new car

To learn where your money goes, keep a record of all your expenses for _____________________________________.

• A Day

• A Week

• A Month

• A Year

While making a budget, which category would a Play Station 5 fall under?

• transportation

• entertainment

• food

• clothing

Which of these is a "Flexible Expense"

• Rent

• Doctors Bill

• Electricity Bill

• Netflix Subscription

How many types of basic banking accounts are there?

• 1

• 2

• 3

• 4

These types of accounts are for immediate expenses.

• Checking

• Savings

• Money Market

• CDs