Free Printable Financial Management

Worksheets

Financial Management

Total questions: 29

Worksheet time: 15mins

Name

Class

Date

Something that is needed for basic human survival

want

need

luxury

Something that is enjoyable and makes life more comfortable.

want

need

luxury

Which of the following is a need

House or apartment

Motorcycle

Golf cart

McDonald's food

Which of the following is a want

McDonald's food

Sheetz food

Dunkin' Donuts food

All of these

Comparing alternatives against criteria is an accurate way of

Financial Planning

Decision making

Setting a Goal

Making a Value

A belief of idea that you consider important or valuable

Goal

Objective

Value

Need

A broad, general statement of what you want to achieve, giving direction to you plan of action and based on your values

Goal

Objective

Value

Need

A realistic and measurable way to reach goals for which you must plan and set aside resources

Goal

Objective

Value

Need

What should goals be based off of?

Objectives

Wants

Needs

Values

10.

What is the check number?

621

5284

222

555

11.

Which comes 1st when looking left to right along the bottom of the check?

routing number

account number

Check number

Date

12.

Code that identifies your financial institution

routing number

account number

Check number

Date

13.

identifies your individual account

routing number

account number

Check number

Date

14.

A plan for managing money during a given period of time

Goal

Objective

Budget

Value

15.

What are the 2 parts of a budget

Income and expenses

Paychecks and Gifts

Fixed and Flexible

16.

consistent expense every month

Flexible expense

Fixed expense

Income

17.

expense that can change from every to month

Flexible expense

Fixed expense

Income

18.

Put money from in your savings account every month so you can afford future costs

Pay yourself first philosophy

Put it in savings philosophy

Think to the future philosophy

19.

Evaluating your budget helps your to adjust both your budget and spending habits to reach your goals.

true

false

20.

What is a summary of your financial history called?

credit report

credit score

loan

taxes

21.

What is the number between 300-850 that judges your financial trustworthiness?

Credit report

Credit score

Loan

Taxes

22.

How does a low credit score effect the cost of a loan?

It will be less expensive

it will be more expensive

23.

Making payments on time each month will

Improve your credit score

Hurt your credit score

24.

Applying for 5 credit cards in one day will

Improve your credit score

Hurt your credit score

25.

Having diverse loan/credit types will

Improve your credit score

Hurt your credit score

26.

You have $10,000 available credit and you have used $9,000

Improve your credit score

Hurt your credit score

27.

You have had a credit card that you always pay off for 10 years

Improve your credit score

Hurt your credit score

28.

Living in New York City is more or less expensive than Lewisburg, PA?

Less

29.

Location can be a big factor in determining if you rent or buy a home

True

False

Reset

Financial Management

Total questions: 29

Worksheet time: 15mins

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