Eco w/ PFL Unit 4 Vocab Warm Up
Authored by Jeffrey Segrest
Financial Education
12th Grade
Used 4+ times
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6 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What do you think an "Emergency Fund" is?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What do you think a "mortgage" is?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What do you think a "credit score" is?
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4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit score?
A numerical representation of a person's creditworthiness
A measure of a person's income
A type of bank account
A financial safety net
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to pay off the full balance on credit cards each month?
To avoid interest charges
To increase credit card limits
To earn rewards points
To close the credit card account
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the recommended amount to save for an emergency fund?
Three to six months' worth of living expenses
One month's worth of living expenses
A year's worth of living expenses
Two weeks' worth of living expenses
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