Free Printable Personal Finance

Worksheets

Personal Finance

Total questions: 26

Worksheet time: 10mins

Name

Class

Date

An account attached to a debit card

Checking Account

Savings Account

CD Account

LR Account

A bank account that earns interest and has no card attached.

Checking Account

Savings Account

CD Account

LR Account

A card used to make purchase on credit. “Buy now, pay later.”

Checking Account

Savings Account

Credit Card

LR Account

The amount of money paid either monthly or biweekly

Income

Salary

Hourly Pay

Deposit

A set amount of income paid each month

Income

Salary

Hourly Pay

Deposit

A set amount of income determined on how many hours an employee works

Income

Salary

Hourly Pay

Deposit

A number that indicates how well a person repays loans or other bills.

Career

Credit Score

Budget

Interest Rate

An additional amount charged to a loan expressed in a percent

Career

Credit Score

Budget

Interest Rate

Something you desire or wish for

a "want"

a "need"

10.

Something you need to sustain life

a "want"

a "need"

11.

Food

a "want"

a "need"

12.

Shelter

a "want"

a "need"

13.

iphone

a "want"

a "need"

14.

Emerson has accepted a job as a plumber. His starting hourly wage is $23.00 an hour. If he works forty hours in a typical week and gets paid biweekly, what would his expected gross pay be?

$920

$1840

$23

$460

15.

Darwin knows his gross pay for this pay period is $1440. How much will he pay to Social Security (6.2%)?

$89.28

$892.80

$45.14

$8928

16.

In order to best control spending you should keep track of monthly expenses by preparing a.....?

Budget

Deficit

Debt Plan

Roth IRA

17.

What is the relationship between risk and return when it comes to investments?

Lower Risk = Higher Reward

Higher Risk = Lower Reward

Lower Risk = Lower Reward

18.

When filling out the I-9 which of the following forms of identification can be used to prove your identity and eligibilty to work in the US? Check all that apply.

US Passport

Driver's License

Birth Certificate

School ID with picture

Voter registration card

19.

Which of the following information would you find on a paystub? (Check all that apply.)

Your name

Your Address

The pay period

Deductions

Check amount

20.

When the money you earn from working goes right into your checking account automatically this is called:

direct deposit

tax refund

earned income

pay stub

21.

Which form do you need in order to complete your 1040 Tax Return form?

I-9

W-2

W-4

22.

If you do not pay enough taxes over the course of the fiscal year you will get a tax refund

True

False

23.

If you are being audited, the IRS is examining your financial situation.

True

False

24.

Which of the following may impact your car insurance rates?

all of these choices are correct

age

number of accidents you have had

marital status

25.

Liability Coverage covers which of the following people in case of an accident?

you, the policy holder

another driver

passengers in the other drivers car

26.

Which of the following types of interest make you more money when saving and investing?

Simple Interest

Compund Interest

Reset

Personal Finance

Total questions: 26

Worksheet time: 10mins

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