Understanding Personal Finance

Understanding Personal Finance

7th Grade

10 Qs

quiz-placeholder

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Understanding Personal Finance

Understanding Personal Finance

Assessment

Quiz

Social Studies

7th Grade

Practice Problem

Medium

Created by

Anna Elswick

Used 10+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is personal finance?

managing your money wisely

managing your money poorly

living paycheck to paycheck

investing in stocks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of account earns interest?

Checking

Savings

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plan to track your money is called...

a credit report

a budget

a checkbook

an investment plan

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Choose 2 reasons you would take out a loan.

buy groceries

college tuition

to buy lunch for Mrs. Elswick

purchase a car

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability to borrow money based on promise to repay is called

investments

real estate

a loan

credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do you maintain good credit?

having a checking and a savings account

taking out a loan

paying bills on time

reading your credit history

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Choose the 3 types of investments

stocks

bonds

real estate

checking

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