WorksheetsTween Life- Unit 9-Managing your money
Total questions: 29
Worksheet time: 15mins
$28.12
$637.50
$112.50
$1,350.00
Which is the best definition of personal financial planning?
spending, saving, and investing money to enjoy life and achieve financial security.
Listing ways to achieve your short-term and long-term financial goals.
thinking about your attitudes toward money.
using available sources of financial information.
What does barter mean?
denominations
trade
money
exchange
What does denomination mean?
face value of money
money
religion
counting
What is the Federal Reserve responsible for?
saving money
taking tax payers money
creating and tracking all of the money in the U.S.
removing moving
Which denomination of money does not exist?
$2 dollar bill
$5 dollar bill
$500 dollar bill
$1000 dollar bill
What type of taxes are taken automatically from your salary?
Health insurance
Car insurance
income tax
state tax
What government agency do we report income taxes to?
Homeland security
FBI
White House
Internal Revenue Service
Define budget.
How much you spend
How much you earn
a plan for spending and saving money
grocery list
How do you determine your monthly income?
Subtract your bills from your annual salary
Divide your annual salary by 12
Add all your expenses and savings
Divide your salary by 6
How much of you salary should you save per month?
20% of your salary
15% of your salary
10% of your pay check
Halk of your check
Your donation of $30.00 per month could help save a dogs life.
What type of advertising is this?
Endorsement
Secretive
Emotional Appeal
Repetition
Michael Jordan wears Nike's and you should too
What type of advertising is this?
Emotional Appeal
Endorsement
Secretive
Hidden Fears
What are 3 ways to use money?
A ____ is a written plan that outlines how money should be used.
net worth statement
income sheet
budget
money allocations sheet
An advertisement that uses fear to motivate people to buy a product
Secret
Emotional Appeal
Hidden Fear
Plain Folk
In a budget it is okay to use only a portion of your money.
True
False
The ____ is a business or institution for receiving, keeping, and lending money.
budget
lender
bank
What is the purpose of the bank?
to give out loans to people buying a house
to hold money for people
to have as many people with checking accounts as possible
to make money
An account that allows a person to write a check from their account to pay for goods or services.
Investment Account
Checking Account
Money Market Account
Savings Account
An account that offers a convenient way to save money.
Investment Account
Checking Account
Money Market Account
Savings Account
Check all ways that a person can spend money from their checking account.
cash
debit card
check
credit card
Placing money into an account is called a ____.
withdrawal
deposit
income
expense
Taking money out of an account is called a _____.
withdrawal
deposit
income
expense
Interest that is in the benefit of the person happens when they _______ money.
borrow
lend
spend
invest
Interest that causes a person to pay MORE than what they ask for occurs when someone __________ money.
borrows
lend
spend
invest
Advertisements are to attract and persuade consumers to buy the products or services
True
False
Pop up advertisements , banner advertisements, floating advertisements are types of _______________.
Print media
Electronic media
Broadcast media
What type of technique or strategy is used for this advertisement?
Sponsorships
Celebrity endorsements
Emotional appeal
Gifts
