NEW
Font size
S
M
L
XL
WorksheetsPersonal Finance
Total questions: 10
Worksheet time: 6mins
Name
Class
Date
1.
What happens if you do not pay a credit card bill on time?
a)
Use your debit card
b)
You go into debt
c)
Declare bankrupty
d)
Pay interest
2.
When do you start paying into Social Security?
a)
When you retire
b)
When you turn 30
c)
When you get a full-time job
d)
When you want to
3.
Amount of money originally borrowed
a)
Mortgage
b)
Principal
c)
Annual percentage rate (APR)
d)
Finance company
4.
401(k), IRA, and Roth IRA are all examples of a __________ account.
a)
Retirement
b)
College Savings
c)
Low Interest
d)
Stock
5.
Discretionary income is
a)
extra money after you pay your bills
b)
part of your monthly bills
c)
money you can't spend
d)
money lost to taxes
6.
Everyone pays this type of tax.
a)
income
b)
sales
c)
FICA
d)
estate
7.
Celeste's family has always struggled financially due to her parents' leaving high school before graduating and working lower-paying jobs to support the family. Her parents don't want her to make the same mistake and are encouraging her to apply for scholarships and any type of student aid she might qualify for. Which application will determine which type of need-based aid she will qualify for?
a)
Perkins Federal Loan Application
b)
FAFSA (Free Application Federal Student Aid)
c)
Direct subsidizes Stafford Loan Application
d)
Federal work-study Application
8.
Communist countries have what type of economnic system?
a)
Market
b)
Traditional
c)
Command
d)
Mixed
9.
The stock market is open from ...
a)
8:00am - 5:00pm
b)
9:00am - 5:00pm
c)
8:00am - 4:00pm
d)
9:30am - 4:00pm
10.
Which of the following is an example of economics?
a)
A. The United States buys oil for use at home from other countries.
b)
A. The government of the United States is divided into three branches.
c)
A. The United States declared its independence from Great Britain.
d)
A. The people of the United States come from many different places.
Reset
