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Personal Finance

Authored by yesica hernandez

Social Studies

7th Grade

Used 4+ times

Personal Finance
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

 

Which of the following terms mean the amount of money earned?

Bill

Income

Debt

Credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which terms does NOT refer to the money you earn?

Income

Wage

Salary

Expenditure

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

True or False: You should put your wants into your budget before adding your needs.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

TRUE or FALSE? It is a good idea to plan for your savings before you add any other items into your budget.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is a spending plan for your money?

Savings

Deposit

Budget

Investment

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

There are costs associated with using credit. Which of these is an example of this cost?

Interest

Insurance

Extra Taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Joselyn got $20 for her birthday. She takes it to the bank and puts it in her account. What is she doing?

Saving

Budgeting

Spending

Paying Interest

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