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Worksheets

Personal Finance

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

When you buy something using credit, you only have to pay back the money that you borrowed.

a)

True

b)

False

2.

Interest is a fee paid for using your own money.

a)

True

b)

False

3.

Investing is how you make your money grow, or appreciate, to gain a financial return.

a)

True

b)

False

4.

The process of projecting, organizing, monitoring, and controlling future income and expenses is known as personal finance.

a)

True

b)

False

5.

A budget is a saving-spending plan that is based on how much money you can borrow from a bank.

a)

True

b)

False

6.

A debit card is a form of money?

a)

True

b)

False

7.

When you spend your income, you are trading your money in exchange for goods or services.

a)

True

b)

False

8.

Your income provides you with the money that you can save or spend on whatever you want.

a)

True

b)

False

9.

A credit is a form of income?

a)

True

b)

False

10.

A check is a form of investing.

a)

True

b)

False

11.

Pine Grove Middle School is the best school.

a)

True

b)

False