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Managing your Money

Authored by Bradley Johns

Life Skills

6th - 8th Grade

Used 5+ times

Managing your Money
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24 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an income?

When you spend money

Something you can touch when you turn 65

an account

Money you have received/earnt

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an expense?

When you spend money on something you need or want

Something you don't need

A period of time you are at work

An account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Putting money into a savings account and locking it for a period of time is known as…

Savings Account

Everyday Account

Term Deposit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is disposable Income?

Money you have earnt

Money you can spend after you have paid for your expenses.

Money in your kiwisaver

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that you can access at any time is also known as an …… account

Free

Everyday/Chequing

Good

6.

OPEN ENDED QUESTION

3 mins • 1 pt

Name a bank in New Zealand?

Evaluate responses using AI:

OFF

7.

OPEN ENDED QUESTION

3 mins • 1 pt

Name a common household expense?

Evaluate responses using AI:

OFF

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