WorksheetsPF 5.01 Choose to Save
Total questions: 12
Worksheet time: 6mins
Name
Class
Date
1.
Money available at the present time (today) is worth more than the same amount if received in the future
a)
Pay Yourself First
b)
Time Value of Money
2.
Portion of income not spent on consumption
a)
Consumption
b)
Savings
3.
The original amount of money saved or invested
a)
Interest
b)
Principal
4.
Putting money for yourself aside before paying bills
a)
Do It Yourself
b)
Pay Yourself First
5.
How quickly and easily assets can be accessed and converted into cash
a)
Liquidity
b)
Compound Interest
6.
Cash set aside to cover the cost of unexpected events
a)
Time Value of Money
b)
Emergency Savings
7.
When you complete a task yourself rather than paying someone else
a)
Do It Yourself
b)
Pay Yourself First
8.
The purchase of goods and services
a)
Compound Interest
b)
Consumption
9.
Percentage rate used to calculate interest
a)
Compound Interest
b)
Interest Rate
10.
Accumulation of excess funds by intentionally spending less than you earn
a)
Consumption
b)
Saving
11.
Earning interest on interest
a)
Interest
b)
Compound Interest
c)
Time Value of Money
d)
Saving
12.
How quickly and easily assets can be converted into cash
a)
Interest
b)
Saving
c)
Cash Out
d)
Liquidity
100 %
