WorksheetsPersonal Finance
Total questions: 20
Worksheet time: 2hrs 32mins
How often should you review your monthly home budget?
Daily
Every Two Years
Monthly
What is the First Principle of Finance?
Make Your Money Work For You
Spend Less Than You Earn
Protect Your Money
What is the Second Principle of Finance?
Make Your Money Work For You
Spend Less Than You Earn
Protect Your Money
What is the Third Principle of Finance?
Spend Less than You Earn
Make Your Money Work For You
Protect Your Money
Choose all the following POSSIBLE influencers on Social Media. (Choose all that apply)
Fitness
Food
Money
Music
Portions of Money taken out of a paycheck (Gross Pay) before you receive your money (Net Pay) are called _________.
(Examples: Taxes, Retirement, Health Insurance, FICA)
Interest
Payments
Deductions
Tax Refund
According to the Pain of Paying YouTube video, which method of paying feels worse?
Credit Card
Cash
Spare Change
Check
In the Paradox of Value EdPuzzle, which values are being compared directly before the first question?
Face Value and Use Value
Use Value and Monetary Value
Exchange Value and Use Value
Exchange Value and Sentimental Value
Using this Pay Stub, which value shows the total "current deductions" of the taxpayer?
$315.21
$284.79
$2563.11
$334.80
Name two types of Ownership Investments mentioned in the Personal Finance unit?
Certificate of Deposit and Bonds
Bonds and Dividends
Stocks and Gains
Real Estate and Stocks
What can be found on a W-2? (Check all that apply)
Social Security Number
Employer's Name and Address
Your Name and Address
Tax Year
Wages
Which of the following are reasons to open a Checking Account? (Check all that apply)
It’s a way to keep your money safe
Paying bills is a breeze
Member-specific benefits
How much money does Kal Penn recommend you save each month?
15%
20%
25%
As Much As You Can
According to this image, how much money would you have to invest each month to be a millionaire when you retire if you began at age 30?
$700
$3421
$360
$990
During the Savings assignment, how much is recommended to have in an Emergency Fund?
3 - 6 Months of Expenses
4 - 7 Months of Expenses
12 Months of Expenses
Grandma's Phone Number
Debit card purchases come out of your checking account, not savings account.
True
False
Match the definition to its term:
____________ is money lent to a borrower or put into an investment.
Savings
Principal
Term
Credit
Match the definition to its term:
__________ is a type of loan based on certain conditions and a time frame.
Debit
Interest
Calendar
Term
Match the term to its definition:
_________ is the price you pay to borrow money or the cost you charge to lend money.
Interest
Mortgage
Insurance
Credit
In which of the following ways can you NOT pay your taxes?
Bank Account
Debit Card
Digital Wallet
Airline Miles
