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Personal Finance Review

Authored by 6th Coleman Humanities

Social Studies

6th Grade

Used 21+ times

Personal Finance Review
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30 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Match the following

Money you make by selling something

Minimum Wage

The lowest amount a job can pay you

Income

Money you earn

Mortgage

Your plan for spending and saving money

Budget

Borrowing money to buy a house

Commission

2.

MATCH QUESTION

1 min • 1 pt

Match the following

The yearly pay from your job

Salary

Money you borrow to buy things

Credit

Money you spend on things

Savings

Money you put away for later

Debt

When you owe money

Expenses

3.

MATCH QUESTION

1 min • 1 pt

Match the following

Money you borrow and have to pay back

Disposable Income

Extra money you can spend on wants

Credit Union

A special bank with limited members

Interest

Someone that lets you borrow money

Lender

Extra money you pay back when you borrow

Loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does income mean?

Spending ALL the money you have

ANY money that you earn

Money you find on the floor

ANY money you spend on things

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you are paid by the HOUR. If you work more hours you make more money!

Wage

Salary

Commission

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you are paid a certain amount for the YEAR no matter how much you work

Wage

Salary

Commission

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you are paid a percent for every time you SELL something.

Wage

Salary

Commission

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