TYPES OF FINANCIAL SERVICES

TYPES OF FINANCIAL SERVICES

Assessment

Flashcard

History

6th - 8th Grade

Hard

Created by

Quizizz Content

FREE Resource

Student preview

quiz-placeholder

6 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is the primary purpose of financial planning?

Back

To manage your money effectively

2.

FLASHCARD QUESTION

Front

Which of the following is a benefit of budgeting? Helps manage expenses, Increases financial losses, Eliminates the need for insurance, Reduces the need for savings

Back

Helps manage expenses

3.

FLASHCARD QUESTION

Front

How does insurance provide peace of mind?

Back

By protecting from financial losses

4.

FLASHCARD QUESTION

Front

What is a key benefit of having a savings account?

Back

Safe way to save money

5.

FLASHCARD QUESTION

Front

Why is it important to understand the difference between stocks and bonds?

Back

To make informed investment decisions

6.

FLASHCARD QUESTION

Front

Which financial service helps you make rational decisions about your money?

Back

Budgeting