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Financial Character Vocab

Authored by brandi joice

Life Skills

9th - 12th Grade

Used 3+ times

Financial Character Vocab
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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How reliable you are in repaying debts

Character

Credit

Debt

Bad debt

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buying something you need now with a promise to pay later. Credit is also a measure of financial wellness.

Character

Credit

Debt

Bad debt

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that is owed in return for a loan or a purchase.

Character

Credit

Debt

Bad debt

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Debt that does not increase your net worth or help you earn more money.

Character

Credit

Debt

Bad debt

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Debt that increases your net worth or how much money your worth and helps you earn more money. Ex student loans

Good debt

Creditworthy

Net Worth

Asset

Liability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How deserving you are of getting credit, according to companies that lend money

Good debt

Creditworthy

Net Worth

Asset

Liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything valuable that you own, such as money, a car, or a home.

Good debt

Creditworthy

Net Worth

Asset

Liability

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