
Chapter 8 Quiz Review

Quiz
•
Other
•
8th Grade
•
Medium
Billy Ceniceros
Used 23+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bank can help you _______ your money and keep it______.
Manage; safe
Find; growing
Deposit; budgeted
Budget; available
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Some of the services banks offer include ...
Paying off your student loan debt and saving for your future
Creating a personalized budget for you and managing your schedule
Teaching you how to handle your finances and encouraging you to cut up your credit cards
Mortgages, check writing, and debit cards
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A savings account is for?
Investing your money
Regular spending
Long-term savings goals
The Entertainment budget line item
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An easy way to avoid ending up with errors in your checking account is to simply . . .
Only use cash
Monitor your account at least twice a week
Keep all your receipts
Budget often
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) keep your money in the bank insured up to per account.
$250
$2,500
$25,000
$250,000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Credit Unions differ from retail banks in that they typically require membership based on specific criteria.
True
Fasle
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your emergency fund should go in your checking account, NOT a money market account.
True
False
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