WorksheetsThe Big Step Part 3
Total questions: 25
Worksheet time: 25mins
Which card is the least likely to get a in financial trouble?
Charge card
Debit card
Credit card
Macy's credit card
How can a credit card knock your budget out of balance?
Interest can add up quickly and cost more than the original
expense.
It makes it easy to “buy” a want that can’t really be afforded.
Both answers are correct.
What is the rule for credit cards?
Only buy what you can afford to pay back this month.
In an emergency, use the card, but pay it off as soon as possible.
Both answer make up the credit card rule.
A debit card is also known as:
An ADD card.
An ATM card.
A DMV card.
A gift card
Paying my cell phone bill late will:
Do nothing to my credit
Hurt my credit score as the cell phone company will report
my late payment.
Help my credit.
The dividing line between “good” and “bad” credit is:
800
300
640
5000
One of the benefits of a good credit score is:
Lower interest rates which will save me money.
It looks good on my resume.
There are no benefits of a good credit rating.
My credit rating is also called:
My C score.
My FICO score.
My touchdown score.
My STAR Reading Score
Which card uses money from my bank account?
Charge
Gift Card
Debit
Credit
Which card lets me pay just part of my bill
Charge
Debit
Credit
Chase
Which card makes pay the entire bill each month or each purchase
Debit
Charge
Credit
Macy's
Which card Charges me interest on my unpaid
bill
Debit
Charge
Credit
Discover Card
Which card Limits my spending by the amount of
money I have in the bank
debit
Charge
Credit
Mastercard
which card Doesn’t limit my spending, but
expects me to pay in full
debit
Visa
charge
credit
which card Is the least likely to get me in
financial trouble.
debit
charge
credit
gym's card
You have a fever and can’t stop throwing up. Your
doctor visit is a ______.
Need
Want
Your $50 budget this week for groceries is a ______.
want
need
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 ______.
need
want
While you’re there, you notice you can upgrade your
cell phone for only $100 more. This is a _____.
need
want
Tickets to your favorite band go on sale tomorrow. They
almost never come to town. Buying them is a _____..
need
want
You’re having company for dinner and want to
buy them a special meal. This is a ______.
want
need
Your favorite shoes have broken. Going out
to replace them is a ____.
need
want
Your roommate is really bugging you. You’ve decided to
go get your own apartment. This is a ______.
need
want
Your car has a flat-tire. You have to get to work and
no bus passes close to your job. The tire is a _____.
need
want
What if buses took you to your job. Then the tire
would be a ______.
want
need
