Personal Finance - CH03: DQs

Personal Finance - CH03: DQs

9th - 12th Grade

7 Qs

quiz-placeholder

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Personal Finance - CH03: DQs

Personal Finance - CH03: DQs

Assessment

Quiz

Mathematics

9th - 12th Grade

Practice Problem

Easy

CCSS
RI.8.1, RL.11-12.9, RI.11-12.3

+12

Standards-aligned

Created by

Ramsey Seweingyawma

Used 6+ times

FREE Resource

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7 questions

Show all answers

1.

OPEN ENDED QUESTION

5 mins • 1 pt

How does Murphy's Law ("anything that can go wrong will go wrong") apply to saving money?

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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

How does planning and saving for your future help you build wealth?

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3.

OPEN ENDED QUESTION

5 mins • 1 pt

What are three questions to ask yourself before you spend your emergency fund?

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4.

OPEN ENDED QUESTION

5 mins • 1 pt

Explain why making payments on a car is such a poor financial decision.

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5.

OPEN ENDED QUESTION

5 mins • 1 pt

Think back to the story of Jack and Blake. Explain how Jack ended up with more money in his investment account by the time he retired, when Blake invested more money

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Tags

CCSS.RL.11-12.9

CCSS.RL.6.3

CCSS.RL.7.3

CCSS.RL.8.3

CCSS.RL.9-10.3

6.

OPEN ENDED QUESTION

5 mins • 1 pt

Why should you avoid interest rate deals like zero-percent interest?

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Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

7.

OPEN ENDED QUESTION

5 mins • 1 pt

What are the main differences between saving and investing?

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