Personal Finance Quizizz

What is a Need?

What is a Want?

What is the difference between Needs & Wants?

The document that we look at when it comes to our spending/saving...

• Bank Statement

• Balance Sheet

• Income Statement

• Interest Appreciation Doc

Bank Statements are typically issued when?

• Biweekly

• Weekly

• Monthly

• Daily

When an amount of money goes into your account it is considered a

If I have a beginning balance of $498 and have an ending balance of $257, did my balance go up or down, and by how much?

• up by $398

• up by $241

• down by $24.10

• down by $241

Phil makes an annual salary of about $50,400 per year. If we are using the 50/30/20 rule, how much would he realistically need to put away in his savings category.

• $15,120

• $100,080

• $10,080

• $25,200

Phil has gotten very good at saving after a year, and wants to save much much more of his money. Phil redraws his 50/30/20 rule to the following... 50/10/40. If Phil still makes $50,400/yr, how much money would he save per month now?

• $20,160

• $10,080

• $260,160

• $26,100

What is a Stock?

• A slice or share of a company you could buy

• A piece of celery

• Multiple shares of different companies

• A promise that in the future you will be paid money