Personal Finance Basics Vocabulary

Personal Finance Basics Vocabulary

9th - 12th Grade

19 Qs

quiz-placeholder

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Personal Finance Basics Vocabulary

Personal Finance Basics Vocabulary

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Kari Hicks

Used 337+ times

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19 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

30 sec • 5 pts

Media Image

 A valuable resource that is owned by a person, company, or government in order to get an economic benefit.

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A plan of your expected income and how you will use it to meet your expected expenses over a period of time

Plan

Budget

Statement

Income

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Expenses that are essential for you to be able to live and function

Wants

Cost of Living

Needs

Variable Expense

4.

FILL IN THE BLANK QUESTION

1 min • 5 pts

To sign the back of a check made out to you so it can be cashed or deposited

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A fee paid to you for keeping your money in an account OR a fee charged to you for a loan or credit card

Maintenance

Annual Percentage

Insurance

Interest

6.

FILL IN THE BLANK QUESTION

1 min • 5 pts

To compare your bank's monthly account statement with your own records of activity for the same account

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Money you put into your account

Deposit

Balance

Income

Expense

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