TLC Personal Finance Vocab Quiz
Authored by Joe Martinez
Life Skills
7th Grade
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget?
A type of bank account
A spending and saving plan for personal finances
A small plastic card issued by a bank
A card used to withdraw money from a bank account
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a checking account?
A type of bank account
A spending and saving plan for personal finances
A small plastic card issued by a bank
A card used to withdraw money from a bank account
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit card?
A type of bank account
A spending and saving plan for personal finances
A small plastic card issued by a bank
A card used to withdraw money from a bank account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a debit card?
A type of bank account
A spending and saving plan for personal finances
A small plastic card issued by a bank
A card used to withdraw money from a bank account
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a deficit?
Occurs when expenditures exceed revenue
Something essential for survival
What you give up in order to buy what you want
The amount of money that is left over after all bills have been paid
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