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Personal Finance Retake

Authored by Alyssa Bennett

Social Studies

6th Grade

Used 6+ times

Personal Finance Retake
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10 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What does creating and following a personal budget help people do?

  1. get a lower tax rate

  1. earn government benefits

earn more money at work

  1. save money for emergencies

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A plan for spending & saving income over a specific period of time

Budget

Commission

Interest

Credit

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Saving money for your 15-year-olds college education

Long-term goal

Short-term goal

Mid-term goal

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Saving for your 7-year-olds college education

Long-term goal

Short-term goal

Mid-term goal

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Saving for a camping trip next summer

Long-term goal

Short-term goal

Mid-term goal

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

When I do not have enough money to buy a car I can go to the bank and get a ____

Loan

Budget

Savings Account

Credit Card

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

When using credit I am paying immediately

True

False

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