Personal Finance Review

Money you earn through work

• Taxes

• Interest

• Income

• Credit Card

Which item could be classified as a NEED?

• Food

• A boat

• Movie ticket

• An xbox

What does the money in your savings account gain over time?

• Interest

• Internet

• Debt

• Nothing

A debit card is paid by or linked to your...

• Pet fish

• Savings account

• Budget

• Checking account

Which option is the BEST credit score?

• 100

• A number below 200

• A number over 700

• 0

What must we remember when looking at a salary?

• Taxes will be taken out of that amount before you are paid

• It's unlimited

• That is the amount you are paid for a week of work

Buy something now and pay for it later. 

• Credit
• Debit
• Investing
• Spending

What is a form of credit other than a credit card?

• Budget
• Savings Plan
• Bank Loan
• Investing

What is variable expense?

• The amount of money you spend

• The amount of money you save

• An expense that costs different amounts every month

• The variable in math

An agreement between a borrower and a lender, where the borrower agrees to repay money with interest over time.

• Loan 
• Interest 
• Income 
• Deposit