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Worksheets

On Your Own - Part 1

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

What you earn is what you get to spend.

a)

True

b)

False

2.

If you rent, you don't need property insurance because you don't own the building.

a)

True

b)

False

3.

Rent is commonly paid monthly.

a)

True

b)

False

4.

A debit card is the same as a credit card.

a)

True

b)

False

5.

Most landlords require a security deposit when you rent an apartment.

a)

True

b)

False

6.

Investing involves no risk.

a)

True

b)

False

7.

An automobile insurance policy can include liability and collision.

a)

True

b)

False

8.

It is easy to get into debt. It is hard to get out.

a)

True

b)

False

9.

Most car payments are made monthly.

a)

True

b)

False

10.

If you have to buy your own health insurance, it is necessary but inexpensive.

a)

True

b)

False

11.

An insurance deductible is the portion of a loss the policyholder is responsible for.

a)

True

b)

False

12.

Food is a small part of a person's budget.

a)

True

b)

False

13.

You can open a checking or savings account at a bank or credit union.

a)

True

b)

False

14.

Using a debit card is like writing a check.

a)

True

b)

False

15.

Most apartment rents include all of the utilities.

a)

True

b)

False

16.

You can cover your car and your belongings w/ the same insurance policy.

a)

True

b)

False

17.

If you can make the monthly payment then you know you can afford a new car.

a)

True

b)

False

18.

To open a checking account you must make a deposit.

a)

True

b)

False

19.

It is typically less expensive to live in a small town than a large city.

a)

True

b)

False

20.

It takes very little money to relocate to a new community.

a)

True

b)

False