wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

The Big Step Part 3

Total questions: 25

Worksheet time: 25mins

Name
Class
Date
1.

Which card is the least likely to get a in financial trouble?

a)

Charge card

b)

Debit card

c)

Credit card

d)

Macy's credit card

2.

How can a credit card knock your budget out of balance?

a)

Interest can add up quickly and cost more than the original

expense.

b)

It makes it easy to “buy” a want that can’t really be afforded.

c)

Both answers are correct.

3.

What is the rule for credit cards?

a)

Only buy what you can afford to pay back this month.

b)

In an emergency, use the card, but pay it off as soon as possible.

c)

Both answer make up the credit card rule.

4.

A debit card is also known as:

a)

An ADD card.

b)

An ATM card.

c)

A DMV card.

d)

A gift card

5.

Paying my cell phone bill late will:

a)

Do nothing to my credit

b)

Hurt my credit score as the cell phone company will report

my late payment.

c)

Help my credit.

6.

The dividing line between “good” and “bad” credit is:

a)

800

b)

300

c)

640

d)

5000

7.

One of the benefits of a good credit score is:

a)

Lower interest rates which will save me money.

b)

It looks good on my resume.

c)

There are no benefits of a good credit rating.

8.

My credit rating is also called:

a)

My C score.

b)

My FICO score.

c)

My touchdown score.

d)

My STAR Reading Score

9.

Which card uses money from my bank account?

a)

Charge

b)

Gift Card

c)

Debit

d)

Credit

10.

Which card lets me pay just part of my bill

a)

Charge

b)

Debit

c)

Credit

d)

Chase

11.

Which card makes pay the entire bill each month or each purchase

a)

Debit

b)

Charge

c)

Credit

d)

Macy's

12.

Which card Charges me interest on my unpaid

bill

a)

Debit

b)

Charge

c)

Credit

d)

Discover Card

13.

Which card Limits my spending by the amount of

money I have in the bank

a)

debit

b)

Charge

c)

Credit

d)

Mastercard

14.

which card Doesn’t limit my spending, but

expects me to pay in full

a)

debit

b)

Visa

c)

charge

d)

credit

15.

which card Is the least likely to get me in

financial trouble.

a)

debit

b)

charge

c)

credit

d)

gym's card

16.

You have a fever and can’t stop throwing up. Your

doctor visit is a ______.

a)

Need

b)

Want

17.

Your $50 budget this week for groceries is a ______.

a)

want

b)

need

18.

Your cell phone has broken and you’re waiting for a call

from your job interview. Paying the insurance costs to

replace your old phone is a ______.

a)

need

b)

want

19.

While you’re there, you notice you can upgrade your

cell phone for only $100 more. This is a _____.

a)

need

b)

want

20.

Tickets to your favorite band go on sale tomorrow. They

almost never come to town. Buying them is a _____..

a)

need

b)

want

21.

You’re having company for dinner and want to

buy them a special meal. This is a ______.

a)

want

b)

need

22.

Your favorite shoes have broken. Going out

to replace them is a ____.

a)

need

b)

want

23.

Your roommate is really bugging you. You’ve decided to

go get your own apartment. This is a ______.

a)

need

b)

want

24.

Your car has a flat-tire. You have to get to work and

no bus passes close to your job. The tire is a _____.

a)

need

b)

want

25.

What if buses took you to your job. Then the tire

would be a ______.

a)

want

b)

need