Personal

Personal

6th Grade

25 Qs

quiz-placeholder

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Personal Finance Vocabulary - Part 1

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Personal

Personal

Assessment

Quiz

Social Studies

6th Grade

Hard

Created by

John Robinson

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A plan for how to manage your money is called a ?

income

budget

expense

investment

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The cost of borrowed money, usually expressed as a percentage.

interest

savings plan

scarce

purchase

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

the amount of money a person can earn by being self-employed or by doing a job for another person or business

income

scarce

interest

lend

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

An agreement between a borrower and a lender, where the borrower agrees to repay money with interest over time.

Loan 

Interest 

Income 

Deposit  

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The process of projecting, organizing, monitoring, and controlling future income and expenses is known as ..........

government

geography

judicial branch

personal finance

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is income?

the amount you spent

the amount you don't save

money that you earn

money that spent on expeneses

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is variable expense?

The amount of money you spend

The amount of money you save

An expense that costs different amounts every month

The variable in math

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