
2.04 Financial Management
Authored by Kristen Golomb
Life Skills
6th - 8th Grade
Used 9+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The essentials you can't live without are called:
Wants
Needs
Income
Expenses
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is an example of a need for most people?
An expensive car
A big-screen TV
Designer jeans
A place to live
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It's important to spend money on things you need before spending money on things you want:
True
False
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is an expense?
a tax
a job
a payroll deduction
something you use or buy
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The money that you receive for mowing the lawn, babysitting or getting an allowance is called__________.
Income
Credit
Debt
Interest
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is money you owe called?
debt
credit
interest
fee
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a good reason to save money?
To have money to buy things
To have money put aside for emergencies
For a future purchase
All of the above
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