
Personal Finance - Chapter 8: Open Questions
Authored by Ramsey Seweingyawma
Mathematics
9th - 12th Grade
CCSS covered
Used 2+ times

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7 questions
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1.
OPEN ENDED QUESTION
5 mins • 1 pt
Explain the benefts of keeping your money in a bank or credit union, as opposed to an envelope under your bed.
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Tags
CCSS.RI.8.1
CCSS.RI.8.8
CCSS.RL.11-12.1
CCSS.RL.8.1
CCSS.RL.9-10.1
2.
OPEN ENDED QUESTION
5 mins • 1 pt
What is a predatory fnancial service?
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3.
OPEN ENDED QUESTION
5 mins • 1 pt
How do banks make money?
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4.
OPEN ENDED QUESTION
5 mins • 1 pt
What are the main diferences between checking and savings accounts?
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5.
OPEN ENDED QUESTION
5 mins • 1 pt
Describe the process of balancing your account.
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Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.9-10.5
6.
OPEN ENDED QUESTION
5 mins • 1 pt
Why might you be at a disadvantage if you choose not to keep your money in a bank?
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Tags
CCSS.RI.8.1
CCSS.RI.8.8
CCSS.RL.11-12.1
CCSS.RL.8.1
CCSS.RL.9-10.1
7.
OPEN ENDED QUESTION
5 mins • 1 pt
Why are tracking your expenses and balancing your checking account important?
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