Personal Finance Vocabulary
Quiz
•
Financial Education
•
6th - 8th Grade
•
Medium
Lemarcus Johnson
Used 3+ times
FREE Resource
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything of value that is owned by an individual
Asset
Consumer
Budget
Interest
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A monthly plan for how you are going to save and spend you income
budget
net worth
Simple Interest
Asset
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an obligation to repay borrowed money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a person or organization that purchases a product or service
interest
renter
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything you owe; a debt
Liability
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the total value of a person's assets (things owned) minus their liabilities (things owed)
Net worth
Profit
Income
Assets
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All the money decisions a person or family makes including earnings, budgeting, saving, spending, and planning for the future
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