WorksheetsFinancial Readiness Quiz
Total questions: 10
Worksheet time: 7mins
The money we earn
Fixed expenses
Income
Debt
Credit card
The essentials for daily living such as food or shelter.
Fixed Expenses
Groceries
Income
Needs
Regular and predictable expenses that are consistent from month to month.
Variable Expenses
Groceries
Fixed Expenses
Rent
The act of adding money to a bank account, therefore increasing the amount.
Income
Money
Deposit
Mr. Crabs
The extras in life, The things that aren't necessary for survival.
(a)
Written ORDERS from an account holder to their bank to pay a specific amount of money to the person or business named.
Check
Checks
Loan
Debit Card
An amount of money borrowed from a lender with an agreement to pay it back, usually with some type of interest.
(a)
Credit Card:
A record log where all transactions are recorded
A payment card that deducts money directly from a linked checking account when used for transactions
Sum of money borrowed from a lender with agreement to pay it back
A plastic card that allows you to borrow money up to a certain limit to make purchases
A payment card that deducts money directly from a linked checking account for transactions
(a)
Budget
Expenses that are flexible and not needed for survival.
A plan to help spend money wisely
The money we earn
The act of taking money out of a bank account
