Personal Finance Vocabulary Chapter 1

Personal Finance Vocabulary Chapter 1

9th - 12th Grade

35 Qs

quiz-placeholder

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Personal Finance Vocabulary Chapter 1

Personal Finance Vocabulary Chapter 1

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

Created by

Ps. Elston

Used 11+ times

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35 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Savings

the dollars that become available for investors to use when others save
give away
gambling
money  stored in your sock drawwe

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Interest

payment made for the use of borrowed money
show attention
 financial plan of revenue and expendtitures
total amount of money owed

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

debt

total amount of money owed
short term US government IOU for a period of years.
a payment card issued to users as a method of payment
payment made for the use of borrowed money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The physical form of money, such as coins or paper money.

SYNONYMS

money, currency, dough

Cash

Credit

Check

Debit

Answer explanation

Media Image

When it comes to buying power, cash is always king.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is money one earns through employment?

Income

Budget

Credit

Debt

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are bills you have to pay called in finance?

Expenses

Savings

Credits

Wages

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What is an advantage of saving?

You have money for emergency use

You have money for retirement

You avoid debt

It takes time to save up money.

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